Party - comic (5)
I believe the answer is:
beano
I believe this clue is a double definition.
'party' is the first definition.
(I've seen this before)
'comic' is the second definition.
(The Beano)
(Other definitions for beano that I've seen before include "A bone for a feast" , "Junket - children's comic" , "Function" , "Informal party" , "binge" .)