Saint and top monk losing bishop's shoe (5)
I believe the answer is:
sabot
'shoe' is the definition.
(I know that sabot is a type of shoe)
'saint and top monk losing bishop's' is the wordplay.
'saint' becomes 's'.
'and' is a charade indicator (letters next to each other).
'top monk' becomes 'abbot' (I've seen this in another clue).
'losing' suggests deleting specific letters.
'bishop' becomes 'B' (chess abbreviation).
'abbot' with 'b' removed is 'abot'.
's'+'abot'='SABOT'
(Other definitions for sabot that I've seen before include "Wooden clog" , "what's afoot?" , "Carved shoe -- boats (anag)" , "Boast about wooden shoe" , "footwear from Paris" .)