The most common and most likely answer to this crossword clue is the 8 letter word PARDONED
I've seen this crossword clue in Financial Times
P
A
R
D
O
N
E
D
More clues leading to the result PARDONED
Buddy explains!
The straight part
We know that "forgave" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case forgave = pardoned.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.
What does PARDONED mean?
PARDONED verb- To forgive (a person).
- To refrain from exacting as a penalty.
- To grant an official pardon for a crime.
- Forgiven for wrongdoing.