Cryptic crossword clue
Sponger to dance, wearing jaunty fedora 10

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

I've seen this crossword clue in The Guardian
F
R
E
E
L
O
A
D
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R

Buddy explains!

The straight part
We know that "Sponger" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case sponger = freeloader.
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 FREELOADER mean?

FREELOADER noun
  1. One who does not contribute or pay appropriately; one who gets a free ride, etc. without paying a fair share.
  2. An individual who takes expired unsold merchandise from the back of supermarket premises.

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