What does the cryptic crossword clue "Traded in wood tar, initially (5)" mean?

The definition is "Traded". The wordplay uses acrostic, charade. DEAL (synonym of "wood") + T (first letter of "tar,") [first letter: "initially"]; definition: "Traded" The answer is DEALT.

Traded in wood tar, initially (5)

Guardian Cryptic #27616 | 27 Across | 2018-09-17 flower

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Also seen in

Guardian Cryptic #23996 (2007-02-09)