Passed from one's grasp entirely (5)
I believe the answer is:
spent
'passed' is the definition.
('spend' can be a synonym of 'pass')
'from one's grasp entirely' is the wordplay.
'from' indicates a hidden word.
'SPENT' can be found hidden inside 'ones grasp entirely'.
(Other definitions for spent that I've seen before include "Worn Out, exhausted" , "Exhausted, having paid money?" , "Drained of energy - or paid out" , "Worn out - after shopping?" , "(Of resources) exhausted" .)