Cryptic crossword clue
Periodic losses suffered by skilled young swimmers 4

The most common and most likely answer to this crossword clue is the 4 letter word SILD

I've seen this crossword clue in The Times
S
I
L
D


Buddy explains!

The straight part
We know that "young swimmers" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case young swimmers = sild.
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 SILD mean?

SILD noun
  1. Any young herring (other than a sprat), especially if canned and processed in Scandinavia for sale as a sardine.

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