The most common and most likely answer to this crossword clue is the 5 letter word ACIDS
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Buddy explains!

The straight part
We know that "Compound said to define ‘carbolic’ for a start — one of these" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case compound said to define ‘carbolic’ for a start — one of these = acids.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 ACIDS mean?
ACIDS noun- A sour substance.
- Any of several classes of compound having the following properties:
- Lysergic acid diethylamide (LSD)