Crossword Genius

University note victory and good economic recovery (7)

Ross

I believe the answer is:

upswing

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

'university note victory and good' is the wordplay.
'university' becomes 'u'.
'note' becomes 'ps' (PS is an example**).
'victory' becomes 'win' (I've seen this before).
'and' means one lot of letters go next to another.
'good' becomes 'g' (abbreviation).
'u'+'ps'+'win'+'g'='UPSWING'

(Other definitions for upswing that I've seen before include "Golfer's first movement" , "Improving trend" , "Trend towards what is higher or better" , "on course?" , "Remarkably typical" .)

I've seen this clue in The Telegraph.
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