Grand woman's name (6)
I believe the answer is:
gladys
'name' is the definition.
(woman's name)
'grand woman's' is the wordplay.
I cannot quite understand how this works, but
'grand' could be 'g' (G is short for grand as in a thousand) and 'g' is found in the answer.
'woman's' could be 'ladys' (belonging to a woman or lady) and 'ladys' is located in the answer.
This accounts for all the letters.
This may be the basis of the clue (or it may be nonsense).
Can you help me to learn more?
(Other definitions for gladys that I've seen before include "- Cooper, Eng. actress" , "Lady's name" , "Knight maybe" , "Girl's name" , "- Knight and the Pips (Motown)" .)