Cryptic crossword clue
Swindled, receiving instrument reduced in strength 7

The most common and most likely answer to this crossword clue is the 7 letter word DILUTED

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Buddy explains!

The straight part
We know that "reduced in strength" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case reduced in strength = diluted.
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 DILUTED mean?

DILUTED verb
  1. To make thinner by adding solvent to a solution, especially by adding water.
  2. To weaken, especially by adding a foreign substance.
  3. To cause the value of individual shares or the stake of a shareholder to decrease by increasing the total number of shares.
  4. To become attenuated, thin, or weak.
DILUTED adjective
  1. That has had something added in order to dilute it.

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