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The present time? (9)

Ross

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9

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'the present time?' is the definition.
(time for giving and receiving presents)

'the present time?' is the wordplay.
I cannot quite see how this works, but
'the' could be 't' (the is pronounced as a 't' sound in some dialects) and 't' is found within the answer.
'time?' could be 'hr' (short for hour) and 'hr' is located in the answer.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for christmas that I've seen before include "see 11" , "Dickens's seasonal song" , "SECOND PART OF 1 ACROSS" , "Christian holiday" , "The festive season harms tics, oddly" .)

I've seen this clue in The Telegraph.
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