The most common and most likely answer to this crossword clue is the 5 letter word SNICK
I've seen this crossword clue in The Guardian
S
N
I
C
K
Buddy explains!
The straight part
We know that "With this, one might be out" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case with this, one might be out = snick.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 SNICK mean?
SNICK noun- A small deflection of the ball off the side of the bat; often carries to the wicketkeeper for a catch
- A small cut or mark.
- A knot or irregularity in yarn.
- To cut or snip.
- To hit (the ball) with the edge of the bat, causing a slight deflection.
- A sharp clicking sound.
- To make something click, to make a clicking noise.
- To latch, to lock.
- To cut.