The most common and most likely answer to this crossword clue is the 4 letter word DEED
I've seen this crossword clue in The Daily Telegraph
D
E
E
D
More clues leading to the result DEED
- Act the same on return
- Legal document that can be taken either way
- Document that may be sent back unchanged
- Exploit of daughter on river
- It’s a noble act, whichever way you look at it
- It’s an achievement whichever way you look at it
- Something done, however you look at it
- Act one way or the other
- Wanted to dump man in fact
- Act back and forth
Buddy explains!
The straight part
We know that "Two-way action" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case two-way action = deed.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 DEED mean?
DEED noun- An action or act; something that is done.
- A brave or noteworthy action; a feat or exploit.
- Action or fact, as opposed to rhetoric or deliberation.
- A legal instrument that is executed under seal or before witnesses.
- To transfer real property by deed.