The most common and most likely answer to this crossword clue is the 8 letter word POTATION
I've seen this crossword clue in Financial Times
P
O
T
A
T
I
O
N
More clues leading to the result POTATION
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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 POTATION mean?
POTATION noun- (often in the plural) The act of drinking.
- A drink, especially an alcoholic beverage.