Something useful, as arranged (5)

I believe the answer is:

asset

'something useful' is the definition.
(I've seen this before)

'as arranged' is the wordplay.
'arranged' becomes 'set' (similar in meaning).
'as'+'set'='ASSET'

(Other definitions for asset that I've seen before include "Something valuable to have" , "A thing of value" , "Useful or valuable property" , "Help" , "One bringing benefit" .)

I've seen this clue in The Mirror.

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