Crossword Genius

Magazines etc. investing in relaunch of Time without delay (9)

Ross

I believe the answer is:

immediate

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'without delay' is the definition.
(I've seen this before)

I can't explain the remainder of the clue.

Can you help me to learn more?

(Other definitions for immediate that I've seen before include "Prompt,straightaway" , "Involving no delay" , "Present" , "Nearest" , "Direct" .)

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