Honoured with a meal - about time! (5)
I believe the answer is:
feted
'honoured' is the definition.
The answer and definition can be both to do with social activities as well as being past participle verbs.
Maybe there's an association between them I don't understand?
'a meal about time' is the wordplay.
'a meal' becomes 'feed' (I've seen this in other clues).
'about' indicates putting letters inside.
'time' becomes 't' (abbreviation).
'feed' enclosing 't' is 'FETED'.
'with' acts as a link.
Can you help me to learn more?
(Other definitions for feted that I've seen before include "Honoured lavishly" , "Lionised" , "Wined, dined and honoured" , "Honoured with festivities" , "Wined and dined, celebrated" .)