Society cuts waste (5)
I believe the answer is:
slops
'waste' is the definition.
(thesaurus)
'society cuts' is the wordplay.
'society' becomes 's' (common abbreviation in names of organisations).
'cuts' becomes 'lops' (lopping is a kind of cutting).
's'+'lops'='SLOPS'
(Another definition for slops that I've seen is " Pig feed".)
I've seen this clue in The Times.
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