The most common and most likely answer to this crossword clue is the 6 letter word SYLVAN
I've seen this crossword clue in Financial Times
S
Y
L
V
A
N
More clues leading to the result SYLVAN
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The straight part
We know that "wood" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case wood = sylvan.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 SYLVAN mean?
SYLVAN noun- One who resides in the woods.
- A fabled deity of the wood; a faun, a satyr.
- Pertaining to the forest, or woodlands.
- Residing in a forest or wood.
- Wooded, or covered in forest.