Crossword Genius

Raising the spirits of excited Thai relaxing (12)

Ross

I believe the answer is:

exhilarating

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'raising the spirits' is the definition.
Although both the answer and definition are present participle verbs, I cannot see how one could define the other.

'excited thai relaxing' is the wordplay.
'excited' is an anagram indicator.
'thai'+'relaxing'='thairelaxing'
'thairelaxing' is an anagram of 'EXHILARATING'.

'of' is the link.

Can you help me to learn more?

(Other definitions for exhilarating that I've seen before include "Making very happy" , "Enlivening" , "Very uplifting" , "Making one feel lively and cheerful" .)

I've seen this clue in The Telegraph.
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