Small, trim and thin (5)
I believe the answer is:
spare
'thin' is the definition.
('spare' can be similar in meaning to 'thin')
'small trim' is the wordplay.
'small' becomes 's' (abbreviation - e.g. clothes size).
'trim' becomes 'pare' (I've seen this before).
's'+'pare'='SPARE'
'and' is the link.
(Other definitions for spare that I've seen before include "In reserve; pardon" , "With no excess fat" , "Leftover" , "Not required" , "Pardon; unneeded" .)