It can be a slab of wood (5)
I believe the answer is:
balsa
'wood' is the definition.
(type of wood)
'it can be a slab' is the wordplay.
'a slab' anagrams to 'BALSA'.
But, I am not sure how the anagram is indicated.
'of' is the link.
Can you help me to learn more?
(Other definitions for balsa that I've seen before include "South American tree" , "Wood used in model making" , "A slab (anag.)" , "Very light timber" , "Raft-making S American corkwood" .)