Yank tap, perhaps both taps (5)
I believe the answer is:
hitch
'yank' is the definition.
(both can mean to tug or move something up)
'tap perhaps both taps' is the wordplay.
'tap perhaps' becomes 'hit' (to tap can mean to softly hit).
'both taps' becomes 'ch' (I've seen this in other clues. I am not sure about the 'both' bit.).
'hit'+'ch'='HITCH'
(Other definitions for hitch that I've seen before include "To travel without paying" , "get a free ride" , "Make fast" , "Setback" , "couple" .)