The most common and most likely answer to this crossword clue is the 8 plus 5 letter word COCKTAIL PARTY
C
O
C
K
T
A
I
L
P
A
R
T
Y
More clues leading to the result COCKTAIL PARTY
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.