Fancy old lace’s fake, by implication? (2-6)
I believe the answer is:
so-called
'fake by implication?' is the definition.
'so called' can be an answer for 'fake' (thesaurus). I am not sure about the 'by implication?' bit.
'fancy old lace's' is the wordplay.
'fancy' indicates anagramming the letters.
'old'+'laces'='oldlaces'
'oldlaces' anagrammed gives 'SO-CALLED'.
Can you help me to learn more?
(Other definitions for so-called that I've seen before include "Supposed or improperly named" , "Popularly known as" , "Commonly labelled" , "Alleged" , "Commonly designated" .)