The most common and most likely answer to this crossword clue is the 7 letter word OCTAGON
I've seen this crossword clue in Independent
O
C
T
A
G
O
N
More clues leading to the result OCTAGON
- Old fool retaining label’s regular shape
- Commander with name badge attached in a particular shape
- Figure provided in month before November
- After a month suffering, Yankee cut a figure
- Start to fall off wagon after 31 days in shape
- Shabby coat? Try new shape
- Figure it’s a month since opening of nightclub
- One month before getting new figure
- Figure of eight
- No cat flaps? In which case, go figure!
Buddy explains!

The straight part
We know that "Figure" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case figure = octagon.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 OCTAGON mean?
OCTAGON noun- A polygon with eight sides and eight angles.
- Often in the form Octagon: the arena for mixed martial arts.