Victor Borge holds a ceremonial ball (3)
I believe the answer is:
orb
'a ceremonial ball' is the definition.
'orb' can be an answer for 'ball' (both can mean a sphere). I'm unsure of the 'a ceremonial' bit.
'victor borge holds' is the wordplay.
'holds' says the answer is hidden in the clue.
'ORB' can be found hidden inside 'victor borge'.
Can you help me to learn more?
(Other definitions for orb that I've seen before include "Ceremonial globe carried by a monarch" , "Jewelled ornament" , "ball with cross" , "Sphere (found in regalia)" , "component of royal regalia" .)