Miserly dandy intends no harm (9)

I believe the answer is:

meanswell

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'intends no harm' is the definition.
I don't know anything about this answer so I cannot judge whether it can be defined by this definition.

'miserly dandy' is the wordplay.
'miserly' becomes 'mean' (synonyms).
'dandy' becomes 'swell' (both can informally mean excellent or satisfactory).
'mean'+'swell'='MEANSWELL'

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I've seen this clue in The Daily Express.

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