The most common and most likely answer to this crossword clue is the 3 plus 1 plus 2 letter word PEN - DD
P
E
N
-
D
D
Buddy explains!
The straight part
We know that "Writing implement/a pound" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case writing implement/a pound = pen - dd.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.