Cryptic crossword clue
Light orange colour initially, at ten sun finally setting 8

The most common and most likely answer to this crossword clue is the 8 letter word LOCATION

I've seen this crossword clue in Financial Times
L
O
C
A
T
I
O
N


Buddy explains!

The straight part
We know that "setting" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case setting = location.
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 LOCATION mean?

LOCATION noun
  1. A particular point or place in physical space.
  2. An act of locating.
  3. An apartheid-era urban area populated by non-white people; township.
  4. A leasing on rent.
  5. A contract for the use of a thing, or service of a person, for hire.
  6. The marking out of the boundaries, or identifying the place or site of, a piece of land, according to the description given in an entry, plan, map, etc.

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