Accepts a translation of Keats (5)
I believe the answer is:
takes
'accepts' is the definition.
('take' can be a synonym of 'accept')
'a translation of keats' is the wordplay.
'a translation of' indicates anagramming the letters (translate can mean to transform).
'keats' is an anagram of 'TAKES'.
(Other definitions for takes that I've seen before include "Filmed scenes" , "sections of film" , "Steals" , "Steak (anag.)" , "Seizes" .)