The most common and most likely answer to this crossword clue is the 7 letter word EXCEEDS
I've seen this crossword clue in The Times
E
X
C
E
E
D
S
Buddy explains!
The straight part
We know that "Caps" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case caps = exceeds.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 EXCEEDS mean?
EXCEEDS verb- To be larger, greater than (something).
- To be better than (something).
- To go beyond (some limit); to surpass; to be longer than.
- To predominate.
- To go too far; to be excessive.