It could be daring, if demeaning (5,3)
I believe the answer is:
infra dig
'demeaning' is the definition.
(I've seen this before)
'it could be daring if' is the wordplay.
'it could be' indicates anagramming the letters (I've seen this in other clues).
'daring'+'if'='daringif'
'daringif' anagrammed gives 'INFRA DIG'.
(Other definitions for infra dig that I've seen before include "Unworthy" , "Beneath one" , "Unbecoming, if daring criminal" , "Such as one would not stoop to" , "degrading" .)