The most common and most likely answer to this crossword clue is the 7 letter word DOYENNE
I've seen this crossword clue in The Daily Telegraph
D
O
Y
E
N
N
E
More clues leading to the result DOYENNE
- Respected lady agreed to stash foreign money
- Highly esteemed lady longing to probe teacher, English
- Respected female poet embracing the old
- Romantic poet accepting the old leading lady
- Senior finished pocketing money
- Poet describing you poetically as “first in her field”
- Party longing to dominate Tyneside for one 1ac?
- Senior woman rough on needy
- Respected woman finished pocketing money
- Poet describing the old, most respected lady member of academy?
Buddy explains!

The straight part
We know that "Senior woman" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case senior woman = doyenne.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does DOYENNE mean?
DOYENNE noun- A female doyen.
- The senior or eldest female member of a group, especially one who is most or highly respected.
- A woman who is highly experienced and knowledgeable in a particular field, subject, or line of work; expert