The most common and most likely answer to this crossword clue is the 12 letter word TOFFEE-NOSED
I've seen this crossword clue in Financial Times
T
O
F
F
E
E
-
N
O
S
E
D
More clues leading to the result TOFFEE-NOSED
- Time of payments: edited round number gets stuck up
- Fees often do upset snobbish
- Teed off with one's shot being superior
- Aristocrat, extremely effeminate, was meddlesome. What’s he like?!
- Sweetsmelling superior?
- Supercilious in charge, having fresh food sent round
- Conceited nob desperately needs ecstasy after drinking booze heartily
Buddy explains!

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 TOFFEE-NOSED mean?
TOFFEE-NOSED adjective- Snobbish, condescending or aloof