Invested with underwear (4)
I believe the answer is:
vest
'underwear' is the definition.
'invested with' is the wordplay.
'with' says the answer is hidden in the clue.
'VEST' can be found hidden inside 'invested'.
(Other definitions for vest that I've seen before include "American version of waistcoat" , "Upper undergarment, singlet" , "Sleeveless garment" , "An American man's waistcoat" , "Undergarment for vets" .)