The angler likes to see it sink (5)
I believe the answer is:
float
'sink' is the definition.
The definition and answer can be both man-made objects as well as being singular nouns.
Maybe there's a link between them I don't understand?
'the angler likes to see it' is the wordplay.
I cannot really understand how this works, but
'the' could be 't' (the is pronounced as a 't' sound in some dialects) and 't' is present in the answer.
'see' could be 'lo' (archaic exclamation meaning 'look!') and 'lo' is found in the answer.
The remaining letters 'fa' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for float that I've seen before include "Milk cart" , "Be buoyant" , "bread supply?" , "Drift aimlessly" , "Money in hand" .)