5 down
Fancy
backing
with
fibrous
edges
for
cut
flowers
(5)
Fancy backing with fibrous edges for cut flowers (5)
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The definition is at the end of the clue.
How the clue works
The definition is cut flowers, meaning DAFFS (short for daffodils). FAD (a fancy) reversed by "backing" gives DAF, then the outer edges of "fibrous" (F and S) are added to make DAFFS.