Fabric draped over the sides of a bed to the floor (A, not E) (7)
I believe the answer is:
valance
(Other definitions for valance that I've seen before include "Decorative frill, on curtain say" , "Lace van (anag) - piece of decorative screening material attached to a bed frame" , "Hanging border of drapery" , "Short bed curtain" , "Decorative piece to conceal fixtures, of curtains perhaps" .)