Comic party (5)
I believe the answer is:
beano
This clue is a double definition.
'comic' is the first definition.
(The Beano)
'party' is the second definition.
(I've seen this before)
(Other definitions for beano that I've seen before include "Function" , "Comic - party" , "rowdy festivity" , "Junket - children's comic" , "Rowdy jollification" .)