Worth siting university in dale (5)
I believe the answer is:
value
'worth' is the definition.
(I know that value is a type of worth)
'university in dale' is the wordplay.
'university' becomes 'U' (abbreviation for university).
'in' is an insertion indicator.
'dale' becomes 'vale' (both can mean a valley).
'u' going into 'vale' is 'VALUE'.
'siting' acts as a link.
This may not be correct. It may belong to another bit of the clue.
Can you help me to learn more?
(Other definitions for value that I've seen before include "Monetary worth" , "Hold dear, regard highly" , "Precise meaning" , "Hold in high regard" , "Esteem" .)