Cloak that’s for chop? (6)

I believe the answer is:

poncho

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'cloak' is the definition.
(poncho is a kind of cloak)

I don't understand how the remainder of the clue works.

(Other definitions for poncho that I've seen before include "South American garment" , "Latin American cloak" , "Garment with opening for head" , "Blanket-like cloth with centre slit, worn as cloak" , "Latin American-style cloak" .)

I've seen this clue in The Times.

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