Racy

I think it could be either:

blue

lewd

'racy' is the definition.
(synonyms)

This is the entire clue.

(Other definitions for blue that I've seen before include "Tory?" , "despondent" , "Morose; colour" , "Sad; butterfly" , "Down in the mouth" .)

I've seen this clue in The New York Times.

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