Cryptic crossword clue
Slip below bypass 10

The most common and most likely answer to this crossword clue is the 10 letter word UNDERSKIRT

I've seen this crossword clue in Financial Times
U
N
D
E
R
S
K
I
R
T

Buddy explains!

The straight part
We know that "Slip" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case slip = underskirt.
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 UNDERSKIRT mean?

UNDERSKIRT noun
  1. A skirt worn underneath another skirt; a petticoat.
  2. An under layer of a multi-layer gown over which outer skirts are draped.

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