Satiric actor playing noble (12)
I believe the answer is:
aristocratic
'noble' is the definition.
('aristocratic' can be similar in meaning to 'noble')
'satiric actor playing' is the wordplay.
'playing' indicates anagramming the letters.
'satiric'+'actor'='satiricactor'
'satiricactor' anagrammed gives 'ARISTOCRATIC'.
(Other definitions for aristocratic that I've seen before include "Patrician" , "classy" , "Posh" , "Of noble birth" , "Of the nobility" .)