Present found in equipment is for everyone with clever clogs (4-2-3)
I believe the answer is:
know-it-all
'with clever clogs' is the definition.
Although both the answer and definition are singular nouns, I don't see how one could define the other.
'present found in equipment is for everyone' is the wordplay.
I cannot really understand how this works, but
'present' could be 'now' (both can mean the current period) and 'now' is present in the answer.
'equipment' could be 'kit' (kit is a kind of equipment) and 'kit' is located in the remaining letters.
'everyone' could be 'all' (all people) and 'all' is present in the answer.
This accounts for all the letters.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for know-it-all that I've seen before include "Unteachable bigot" , "Smart alec" .)