Possibly need a term embracing new love? (10)

I believe the answer is:

endearment

I'm a little stuck... Click here to teach me more about this clue!

'love?' is the definition.

'possibly need a term embracing new' is the wordplay.
'possibly' indicates anagramming the letters.
'a term' becomes 'armet' (I can't explain this - if you can you should give a lot more credence to this answer).
'embracing' indicates putting letters inside.
'new' becomes 'n'.
'armet' going around 'n' is 'arment'.
'need' anagrammed gives 'ende'.
'ende'+'arment'='ENDEARMENT'

Can you help me to learn more?

(Other definitions for endearment that I've seen before include "Affectionate word" , "Affectionate utterance" , "Love, maybe" , "Fondness" , "Word of affection" .)

I've seen this clue in The Telegraph.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.