Pointy-eared being (3)
I believe the answer is:
elf
'pointy-eared being' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for elf that I've seen before include "Mischievous fairy No.2" , "Goblin" , "Imaginary small being with magic powers" , "Dwarf" , "Fairy, pixie" .)