Penny put down for tartan cloth (5)
I believe the answer is:
plaid
'tartan cloth' is the definition.
(I've seen this in another clue)
'penny put down' is the wordplay.
'penny' becomes 'p' (short for pence).
'put down' becomes 'laid' (to lay something is to put it down somewhere).
'p'+'laid'='PLAID'
'for' acts as a link.
(Other definitions for plaid that I've seen before include "Tartan twilled cloth" , "Tartan-pattern cloth" , "Scottish Highland fabric" , "Scots cloth - Welsh party" , "Check fabric" .)