The most common and most likely answer to this crossword clue is the 7 letter word CAPRICE
I've seen this crossword clue in The Daily Telegraph
C
A
P
R
I
C
E
More clues leading to the result CAPRICE
- Fancy putting limit on staple food
- Fancy cloak worn by wealthy shortened
- EU subsidy applied to Asian crop? Fancy!
- Fancy a hundred and thirty days on frozen water?
- Fancy better food
- Fancy hat goes against the grain
- The top cereal – fancy!
- Fancy an island cottage for vacation?
- Hide food under item of clothing as whim
- Bill coming up — what is charged is something fanciful
Buddy explains!

The straight part
We know that "Fancy" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case fancy = caprice.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 CAPRICE mean?
CAPRICE noun- An impulsive, seemingly unmotivated action, change of mind, or notion.
- An unpredictable or sudden condition, change, or series of changes.
- A disposition to be impulsive.
- A capriccio.