Cryptic crossword clue
I have a black and white coat shortened for Mark 5

The most common and most likely answer to this crossword clue is the 5 letter word BADGE

I've seen this crossword clue in Financial Times
B
A
D
G
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Buddy explains!

The straight part
We know that "Mark" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case mark = badge.
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 BADGE mean?

BADGE noun
  1. A distinctive mark, token, sign, emblem or cognizance, worn on one's clothing, as an insignia of some rank, or of the membership of an organization.
  2. A small nameplate, identifying the wearer, and often giving additional information.
  3. A card, sometimes with a barcode or magnetic strip, granting access to a certain area.
  4. Something characteristic; a mark; a token.
  5. (thieves' cant) A brand on the hand of a thief, etc.
  6. A carved ornament on the stern of a vessel, containing a window or the representation of one.
  7. A distinctive mark worn by servants, retainers, and followers of royalty or nobility, who, being beneath the rank of gentlemen, have no right to armorial bearings.
  8. A small overlay on an icon that shows additional information about that item, such as the number of new alerts or messages.
  9. An icon or emblem awarded to a user for some achievement.
BADGE verb
  1. To mark or distinguish with a badge.
  2. To show a badge to.
  3. To enter a restricted area by showing one's badge.

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