Tawdry peach recipe (5)
I believe the answer is:
cheap
'tawdry' is the definition.
('cheap' can be a synonym of 'tawdry')
'peach recipe' is the wordplay.
'recipe' indicates anagramming the letters.
'peach' with letters rearranged gives 'CHEAP'.
(Other definitions for cheap that I've seen before include "Not expensive - trashy" , "bargain" , "Mean" , "Contemptible" , "Second-rate" .)