Crossword Genius

Minute watch given to one of little account (5-5)

Ross

I believe the answer is:

small-timer

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'to one of little account' is the definition.
I can't tell whether this defines the answer.

'minute watch given' is the wordplay.
'minute' becomes 'small' (similar in meaning).
'watch' becomes 'timer' (a watch might be used to time something).
'given' says to put letters next to each other.
'small'+'timer'='SMALL-TIMER'

Can you help me to learn more?

(Other definitions for small-timer that I've seen before include "Insignificant person" , "Unimportant person" .)

I've seen this clue in the Sydney Morning Herald.
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