Material from precious daughter (5)
I believe the answer is:
'material' is the definition.
(tweed is a kind of material)
'precious daughter' is the wordplay.
'precious' becomes 'twee' (I've seen this before).
'daughter' becomes 'd' (genealogical abbreviation).
'from' acts as a link.
(Other definitions for tweed that I've seen before include "Flower on border" , "Fabric; river" , "River; rough cloth" , "Rough woollen cloth" , "Flow" .)