Cryptic crossword clue
Bargain obtained with favourite excerpt of literature? 7

The most common and most likely answer to this crossword clue is the 7 letter word SNIPPET

I've seen this crossword clue in Independent
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Buddy explains!

The straight part
We know that "excerpt of literature" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case excerpt of literature = snippet.
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 SNIPPET mean?

SNIPPET noun
  1. A small part of something, such as a song or fabric; sample.
  2. A text file containing a relatively small amount of code, useless by itself, along with instructions for inserting that code into a larger codebase.
SNIPPET verb
  1. To produce a snippet (small part) of; to excerpt.
  2. To make small cuts, to snip, particularly with scissors.

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