Crossword Genius

Nothing in computer network is an advanced item (4)

Ross

I believe the answer is:

loan

'an advanced item' is the definition.
(money given as an advance)

'nothing in computer network' is the wordplay.
'nothing' becomes 'O' (looks like zero - 0).
'in' indicates putting letters inside.
'computer network' becomes 'LAN' (abbreviation for local-area network).
'o' going into 'lan' is 'LOAN'.

'is' is the link.

(Other definitions for loan that I've seen before include "Advance (money)" , "One acquired temporarily" , "Advance, borrowing" , "Something borrowed" , "Cash advance" .)

I've seen this clue in The Times.
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