Merit of Parisian verse, translated (7)
I believe the answer is:
deserve
'merit' is the definition.
('deserve' can be a synonym of 'merit')
'of parisian verse translated' is the wordplay.
'of parisian' becomes 'de'.
'translated' is an anagram indicator.
'verse' with letters rearranged gives 'serve'.
'de'+'serve'='DESERVE'
(Other definitions for deserve that I've seen before include "Be worth" , "Show one is worthy" , "Warrant" , "Be entitled to" , "Merit, earn" .)