Crossword Genius

Importance of figures executor initially concealed (6)

Ross

I believe the answer is:

status

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'importance' is the definition.
(status is a kind of importance)

'figures executor initially concealed' is the wordplay.
'figures' becomes 'stats' (short for statistics).
'executor initially' becomes 'u' (I can't explain this - if you can you should give a lot more credence to this answer).
'concealed' is an insertion indicator.
'stats' enclosing 'u' is 'STATUS'.

'of' is the link.

Can you help me to learn more?

(Other definitions for status that I've seen before include "Standing position, perhaps" , "Reputation" , "Rank or standing in society" , "Social position - prestige" , "legal position" .)

I've seen this clue in The Times.
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