The most common and most likely answer to this crossword clue is the 8 letter word UNDERSET
I've seen this crossword clue in Independent
U
N
D
E
R
S
E
T
Buddy explains!
The straight part
We know that "vest and pants" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case vest and pants = underset.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 UNDERSET mean?
UNDERSET noun- Undercurrent (of water)
- To set under or beneath.
- To prop or support.