Cryptic crossword clue
King James’s commission in debt, making a statement 7

The most common and most likely answer to this crossword clue is the 7 letter word AVOWING

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

The straight part
We know that "making a statement" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case making a statement = avowing.
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 AVOWING mean?

AVOWING verb
  1. To declare openly and boldly, as something believed to be right; to own, acknowledge or confess frankly.
  2. To bind or devote by a vow.
  3. To acknowledge and justify, as an act done. See avowry.

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