Cryptic crossword clue
Reportedly indistinct, misleading action 5

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

I've seen this crossword clue in Financial Times
F
E
I
N
T

Buddy explains!

The straight part
We know that "misleading action" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case misleading action = feint.
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 FEINT mean?

FEINT noun
  1. A movement made to confuse the opponent; a dummy.
  2. That which is feigned; an assumed or false appearance; a pretense or stratagem.
  3. (war) An offensive movement resembling an attack in all but its continuance
FEINT verb
  1. To make a feint, or mock attack.
FEINT adjective
  1. Feigned; counterfeit.
  2. (war) (of an attack) directed toward a different part from the intended strike
FEINT noun
  1. The narrowest rule used in the production of lined writing paper.

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