Cryptic crossword clue
Flasher in coat I’d sadly seen by river

The most common and most likely answer to this crossword clue is the 9 letter word INDICATOR

I've seen this crossword clue in The Times
I
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Buddy explains!

The straight part
We know that "Flasher" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case flasher = indicator.
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 INDICATOR mean?

INDICATOR noun
  1. A pointer or index that indicates something.
  2. A meter or gauge.
  3. The needle or dial on such a meter.
  4. Any of many substances, such as litmus, used to indicate the concentration of a substance, or the degree of a reaction.
  5. A plant or animal whose presence is indicative of some specific environment.
  6. A measure, such as unemployment rate, which can be used to predict economic trends.
  7. A turn signal; each of the flashing lights on each side of a vehicle which indicate a turn is being made to left or right, or a lane change etc.
  8. A bird, the honeyguide.

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