Models make fun of highs (4-3)
I believe the answer is:
mock-ups
'models' is the definition.
(mock-up is a kind of model)
'make fun of highs' is the wordplay.
'make fun of' becomes 'mock' (I've seen this before).
'highs' becomes 'ups' (I've seen this before).
'mock'+'ups'='MOCK-UPS'
(Another definition for mock-ups that I've seen is " Full-size dummy models".)
I've seen this clue in The Telegraph.
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