Cryptic crossword clue
Bit on the side came via professional channel 2-7

The most common and most likely answer to this crossword clue is the 10 letter word BY-PRODUCT

I've seen this crossword clue in Financial Times
B
Y
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P
R
O
D
U
C
T

Buddy explains!

The straight part
We know that "Bit on the side" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case bit on the side = by-product.
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 BY-PRODUCT mean?

BY-PRODUCT noun
  1. A secondary product; something made incidentally during the production of something else.
  2. A side effect.

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