Crossword Genius

Happy individual bounds off, concluding novel inside (2,5,4)

Ross

I believe the answer is:

on cloud nine

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'happy' is the definition.
(I've seen this in another clue)

I can't explain the remainder of the clue.

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(Other definitions for on cloud nine that I've seen before include "Extremely happy" , "Ecstatic" , "Elated" , "Transported" , "delighted" .)

I've seen this clue in the Sydney Morning Herald.
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