What does the cryptic crossword clue "Stationery item? It's balanced precariously (7,4)" mean?

The definition is "Stationery item?". The wordplay uses an anagram. anagram of IT'S + BALANCED = ELASTICBAND; definition: "Stationery item?" The answer is ELASTICBAND.

Stationery item? It's balanced precariously (7,4)

Daily Mail Cryptic #17300 | 19 Across | 2024-02-23 flower

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