Cryptic crossword clue
Banned advertisement placed in business magazine down south 7

The most common and most likely answer to this crossword clue is the 7 letter word FORBADE

F
O
R
B
A
D
E

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The straight part
We know that "Banned" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case banned = forbade.
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 FORBADE mean?

FORBADE verb
  1. To disallow; to proscribe.
  2. (ditransitive) To deny, exclude from, or warn off, by express command.
  3. To oppose, hinder, or prevent, as if by an effectual command.
  4. To accurse; to blast.
  5. To defy; to challenge.

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