Splendid new purse (5)
I believe the answer is:
super
'splendid' is the definition.
(I've seen this before)
'new purse' is the wordplay.
'new' is an anagram indicator.
'purse' anagrammed gives 'SUPER'.
(Other definitions for super that I've seen before include "Outstanding" , "Informally terrific, splendid" , "Topnotch, terrific" , "Prefix meaning over or extremely" , "Delightful" .)