Bread that's not wrapped? (5,4)

'wrapped?' is the definition.
I know nothing about this answer so I can't tell whether this works.

'bread that's not' is the wordplay.
I cannot really understand how this works, but
'bread' could be 'cash' (I've seen this in another clue) and 'cash' is located in the answer.
'not' could be 'o' (I've seen this in other clues) and 'o' is located in the answer.
The remaining letters 'lose' is a valid word which might be clued in a way I don't see.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?