There's no way at present (3)
I believe the answer is:
now
'at present' is the definition.
(synonyms)
'there's no way' is the wordplay.
'there's' is a charade indicator (letters next to each other).
'way' becomes 'w' (Compass direction - West).
'no'+'w' is 'NOW'.
(Other definitions for now that I've seen before include "Today" , "At this moment in time" , "At the present time" , "At present, this instant" , "Immediately" .)