Fold petal another way (5)
I believe the answer is:
pleat
'fold' is the definition.
(pleating is a kind of folding)
'petal another way' is the wordplay.
'another way' is an anagram indicator.
'petal' with letters rearranged gives 'PLEAT'.
(Other definitions for pleat that I've seen before include "Double fold in a garment" , "Leapt (anag)" , "Gathering" , "Fold pressed or stitched into cloth" , "Fold in material" .)