Flexible prison sentence silly, ultimately (8)
I believe the answer is:
stretchy
'flexible' is the definition.
('stretchy' can be a synonym of 'flexible')
'prison sentence silly ultimately' is the wordplay.
'prison sentence' becomes 'stretch'.
'ultimately' suggests the final letters.
The final letter of 'silly' is 'y'.
'stretch'+'y'='STRETCHY'
(Other definitions for stretchy that I've seen before include "Flexible" , "Of variable length, perhaps" , "Elastic" .)