Cryptic crossword clue
Look to preserve university fabric 5

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

I've seen this crossword clue in Financial Times
G
A
U
Z
E

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The straight part
We know that "fabric" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case fabric = gauze.
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 GAUZE mean?

GAUZE noun
  1. A thin fabric with a loose, open weave.
  2. A similar bleached cotton fabric used as a surgical dressing.
  3. A thin woven metal or plastic mesh.
  4. Wire gauze, used as fence.
  5. Mist or haze
GAUZE verb
  1. To apply a dressing of gauze
  2. To mist; to become gauze-like.

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