The silvery part is real! (4)
I believe the answer is:
very
'is real' is the definition.
(similar in meaning)
'the silvery part' is the wordplay.
'VERY' is hidden in amongst the letters.
But, I am unsure how this is indicated.
Can you help me to learn more?
(Other definitions for very that I've seen before include "Exactly, really" , "To a large extent" , "jolly British!" , "- light is a flare" , "light, perhaps" .)