The most common and most likely answer to this crossword clue is the 3 letter word SEX
I've seen this crossword clue in The Guardian
S
E
X
Buddy explains!

The straight part
We know that "It" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case it = sex.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 SEX mean?
SEX noun- A category into which sexually-reproducing organisms are divided on the basis of their reproductive roles in their species.
- Another category, especially of humans and especially based on sexuality or gender roles.
- The members of such a category, taken collectively.
- The distinction and relation between these categories, especially in humans; gender.
- (with "the") Women; the human female sex and those who belong to it.
- Sexual activity, usually sexual intercourse unless preceded by a modifier.
- Genitalia: a penis or vagina.
- To determine the sex of an animal.
- To have sex with.
- An offshoot of a larger religion; a group sharing particular (often unorthodox) political and/or religious beliefs.
- A group following a specific ideal or a leader.
- A cutting; a scion.