Would have you know the bayonet's at the ready (6,3)
I believe the answer is:
points out
'would have' is the definition.
I can't tell whether this defines the answer.
'you know the bayonet's at the ready' is the wordplay.
I cannot really see how this works, but
'you' could be 'u' (homophones) and 'u' is located in the answer.
'the' could be 't' (the is pronounced as a 't' sound in some dialects) and 't' is located in the answer.
'at' could be 'in' (synonymous in some cases - eg at school, in school) and 'in' is found in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for points out that I've seen before include "Indicates" , "Draws attention to" , "mistakes in the score" .)