Cryptic crossword clue
Bosses supply new purse and means 12

The most common and most likely answer to this crossword clue is the 12 letter word SUPERINTENDS

I've seen this crossword clue in The Daily Telegraph
S
U
P
E
R
I
N
T
E
N
D
S

Buddy explains!

The straight part
We know that "Bosses" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case bosses = superintends.
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 SUPERINTENDS mean?

SUPERINTENDS verb
  1. To oversee the work of others; to supervise.
  2. To administer the affairs of something or someone.

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