Sail back out on the lake for some little trinkets? (10)
I believe the answer is:
bijouterie
'some little trinkets?' is the definition.
'bijouterie' can be an answer for 'trinkets?' (I've seen this before). I'm not sure about the 'some little' bit.
'sail back out on the lake' is the wordplay.
'sail' becomes 'jib' (jib is a kind of sail).
'back' is a reversal indicator.
'on' means one lot of letters go next to another.
'the lake' becomes 'erie' (Lake Erie is one of the Canadian/US 'Great Lakes').
'jib' reversed gives 'bij'.
'bij'+'out'+'erie'='BIJOUTERIE'
'for' is the link.
Can you help me to learn more?
(Another definition for bijouterie that I've seen is " trinkets".)