The most common and most likely answer to this crossword clue is the 12 letter word LOW-SPIRITED
I've seen this crossword clue in The Times
L
O
W
-
S
P
I
R
I
T
E
D
More clues leading to the result LOW-SPIRITED
Buddy explains!
The straight part
We know that "down" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case down = low-spirited.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 LOW-SPIRITED mean?
LOW-SPIRITED adjective- Disheartened.