Cryptic crossword clue
Much appreciated handkerchief during short tour 5,3

The most common and most likely answer to this crossword clue is the 5 plus 3 letter word THANK YOU

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

The straight part
We know that "Much appreciated" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case much appreciated = thank you.
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 THANK YOU mean?

THANK YOU noun
  1. An expression of gratitude.
  2. (as a modifier before a noun) That expresses thanks.

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