Loafer adornment (6)
I believe the answer is:
tassel
'loafer adornment' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for tassel that I've seen before include "Hanging ornament" , "Tuft on e.g. cap" , "Mortar board attachment" , "Bunch of cords as adornment" , "Decorative tuft of threads" .)