Crossword Genius

Youngster gets brimless bowler on time (5)

Ross

I believe the answer is:

owlet

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'time' is the definition.
Although both the answer and definition are singular nouns, I cannot understand how they can define each other.

I can't explain the rest of the clue.

Can you help me to learn more?

(Other definitions for owlet that I've seen before include "Young bird; moth" , "Wise baby bird?" , "Baby nocturnal raptor" , "Wise young" , "Junior member of parliament" .)

I've seen this clue in The Daily Express.
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