Fish lake a female would presumably own (8)

I believe the answer is:

lingerie

I'm a little stuck... Click here to teach me more about this clue!

'a female would presumably own' is the definition.
I can't judge whether this defines the answer.

'fish lake' is the wordplay.
'fish' becomes 'ling' (ling is a kind of fish).
'lake' becomes 'erie' (Lake Erie is one of the Canadian/US 'Great Lakes').
'ling'+'erie'='LINGERIE'

Can you help me to learn more?

(Other definitions for lingerie that I've seen before include "One from W Atlantic island group" , "Scanties" , "Fancy underwear for women" , "Women's flimsy underwear" , "Ladies' underwear" .)

I've seen this clue in the Evening Standard.

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