Cryptic crossword clue
Voucher for university pinched by arrogant drunk 9

The most common and most likely answer to this crossword clue is the 9 letter word GUARANTOR

I've seen this crossword clue in The Times
G
U
A
R
A
N
T
O
R

Buddy explains!

The straight part
We know that "Voucher" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case voucher = guarantor.
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 GUARANTOR mean?

GUARANTOR noun
  1. A person or company that provides a guarantee.

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