Crossword Genius

Times featuring new instrument (5)

Ross

I believe the answer is:

agent

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

I don't understand how the remainder of the clue works.

Can you help me to learn more?

(Other definitions for agent that I've seen before include "Spy; service provider" , "Dealer" , "factor in Scotland" , "One may be working" , "One acting on behalf of another" .)

I've seen this clue in The Independent.
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