The most common and most likely answer to this crossword clue is the 5 letter word CLASP
I've seen this crossword clue in The Daily Telegraph
C
L
A
S
P
More clues leading to the result CLASP
Buddy explains!

The straight part
We know that "Embrace" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case embrace = clasp.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 CLASP mean?
CLASP noun- A fastener or holder, particularly one that clasps.
- (in the singular) An embrace, a grasp, or handshake.
- To take hold of; to grasp; to grab tightly.
- To shut or fasten together with, or as if with, a clasp.