Cryptic crossword clue
I'm reduced if not losing heart, and rash 11

The most common and most likely answer to this crossword clue is the 11 letter word IMPROVIDENT

I've seen this crossword clue in The Times
I
M
P
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T

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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 IMPROVIDENT mean?

IMPROVIDENT adjective
  1. Failing to provide for the future; reckless
  2. Incautious; prone to rashness

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