Made out one wearing suit, shedding pants (13)
I believe the answer is:
distinguished
'made out' is the definition.
('distinguish' can be a synonym of 'make out')
'one wearing suit shedding pants' is the wordplay.
'one' becomes 'i' (Roman numeral).
'wearing' is an insertion indicator.
'pants' is an anagram indicator (UK informal term for 'nonsense' or 'rubbish').
'suit'+'shedding'='suitshedding'
'suitshedding' anagrammed gives 'distingushed'.
'i' going inside 'distingushed' is 'DISTINGUISHED'.
(Other definitions for distinguished that I've seen before include "Differentiated; eminent" , "Acclaimed" , "Made out; illustrious" , "Noble and dignified in appearance" , "Recognised - famous" .)