Bow or garland put back in yard (5)
I believe the answer is:
yield
'bow' is the definition.
(I've seen this before)
'garland put back in yard' is the wordplay.
'garland' becomes 'lei' (a lei is a garland of flowers).
'put back' says the letters should be written in reverse.
'in' indicates putting letters inside.
'yard' becomes 'yd' (abbreviation).
'lei' backwards is 'iel'.
'iel' inserted inside 'yd' is 'YIELD'.
'or' acts as a link.
(Other definitions for yield that I've seen before include "return on capital" , "Give up the struggle" , "profits" , "Produce as harvest or surrender" , "amount of energy from 14 [EXPLOSION]" .)