Swallowed it in a short time as I was late up (3,2)
I believe the answer is:
ate up
'swallowed' is the definition.
('eat up' can be a synonym of 'swallow')
'it in a short time as i was late up' is the wordplay.
'ATE UP' is hidden within the letters.
However, I am uncertain how this is indicated.
Can you help me to learn more?
(Other definitions for ate up that I've seen before include "Squandered" , "Absorbed" , "preoccupied" .)