Cryptic crossword clue
Lady Penelope’s introduction is a bit rich 5

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

I've seen this crossword clue in Independent
P
E
G
G
Y

Buddy explains!

The straight part
We know that "Lady" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lady = peggy.
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 PEGGY mean?

PEGGY noun
  1. Any of several small warblers, the whitethroat, etc.
PEGGY noun
  1. The petty officers' mess steward.

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