Mistreated a pony -- girth is shrinking (10)
I believe the answer is:
atrophying
'shrinking' is the definition.
(atrophying is a kind of shrinking)
'mistreated a pony girth' is the wordplay.
'mistreated' indicates anagramming the letters.
'a'+'pony'+'girth'='aponygirth'
'aponygirth' with letters rearranged gives 'ATROPHYING'.
'is' is the link.
I've seen this clue in The Telegraph.
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