Cryptic crossword clue
Banking on weapon that’s protecting one 8

The most common and most likely answer to this crossword clue is the 8 letter word RELIANCE

I've seen this crossword clue in The Sunday Telegraph
R
E
L
I
A
N
C
E

Buddy explains!

The straight part
We know that "Banking" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case banking = reliance.
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 RELIANCE mean?

RELIANCE noun
  1. The act of relying (on or in someone or something); trust.
  2. The condition of being reliant or dependent.
  3. Anything on which to rely; ground of trust.
  4. A person or thing which relies on another.

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