Place it over the exact word in the middle of your edit, then follow it with a censor beep for a double cover, or add a ding sound effect right after to signal the conversation moving on cleanly.
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This clip is a short, clean electronic beep lasting about two seconds, with a flat, synthetic tone and no voice or music behind it. It feels cheeky and abrupt, turning an ordinary moment into a pretend censor moment and giving listeners that instant, knowing laugh when something is being covered up on purpose.