Crossword Genius

The Spanish earl gives out tips and is delayed (5,4)

Ross

I believe the answer is:

loses time

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'is delayed' is the definition.
I don't know anything about this answer so I cannot judge whether this works.

'the spanish earl gives out tips' is the wordplay.
'the spanish' becomes 'los' ('the' in Spanish).
'earl' becomes 'e'.
'gives out' becomes 'emits' ('emit' can be a synonym of 'give out').
'tips' is a reversal indicator (I've seen 'tipped' mean this).
'emits' reversed gives 'stime'.
'los'+'e'+'stime'='LOSES TIME'

'and' is the link.

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I've seen this clue in The Guardian.
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