The most common and most likely answer to this crossword clue is the 8 letter word ENTRANCE
I've seen this crossword clue in Financial Times
E
N
T
R
A
N
C
E
More clues leading to the result ENTRANCE
Buddy explains!

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 ENTRANCE mean?
ENTRANCE noun- The action of entering, or going in.
- The act of taking possession, as of property, or of office.
- The place of entering, as a gate or doorway.
- The right to go in.
- The entering upon; the beginning, or that with which the beginning is made; the commencement; initiation.
- The causing to be entered upon a register, as a ship or goods, at a customhouse; an entering.
- The angle which the bow of a vessel makes with the water at the water line.
- The bow, or entire wedgelike forepart of a vessel, below the water line.
- When a musician starts playing or singing, entry.
- To delight and fill with wonder.
- To put into a trance.