The most common and most likely answer to this crossword clue is the 5 letter word BAGGY
I've seen this crossword clue in Independent
B
A
G
G
Y
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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 BAGGY mean?
BAGGY adjective- Of clothing, very loose-fitting, so as to hang away from the body.
- Of or relating to a British music genre of the 1980s and 1990s, influenced by Madchester and psychedelia and associated with baggy clothing.
- Of writing, etc.: overwrought; flabby; having too much padding.
- A small plastic bag, as for sandwiches.