Company support emergency council (5)
I believe the answer is:
cobra
'emergency council' is the definition.
Although both the answer and definition are singular nouns, I don't see how they can define each other.
'company support' is the wordplay.
'company' becomes 'co' (abbreviation).
'support' becomes 'bra' (a support for the breasts).
'co'+'bra'='COBRA'
Can you help me to learn more?
(Other definitions for cobra that I've seen before include "Sinuous creature" , "Poisonous snake" , "One with hood" , "Deadly snake called King" , "crisis response group" .)