Cryptic crossword clue
Engineer cut iron cost with new building 12

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

I've seen this crossword clue in The Daily Telegraph
C
O
N
S
T
R
U
C
T
I
O
N

Buddy explains!

The straight part
We know that "building" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case building = construction.
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 CONSTRUCTION mean?

CONSTRUCTION noun
  1. The process of constructing.
  2. Anything that has been constructed.
  3. The trade of building structures.
  4. A building, model or some other structure.
  5. A (usually non-representational) structure, such as a collage etc.
  6. The manner in which something is built.
  7. (grammar) A group of words arranged to form a meaningful phrase.
  8. The act or result of construing the meaning of something.
  9. The meaning or interpretation of a text, action etc.; the way something is viewed by an observer or onlooker.
  10. A geometric figure of arcs and line segments that is drawable with a straightedge and compass.

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