The most common and most likely answer to this crossword clue is the 8 letter word FOOLSCAP
I've seen this crossword clue in The Daily Telegraph
F
O
O
L
S
C
A
P
More clues leading to the result FOOLSCAP
- Takes in cover and old sheet
- Idiot put carbon under top secret note on page of old sized paper
- Takes in better paper
- Paper hat for the dunce?
- The odds on awful scoop splashed out in the paper
- Bookmaker’s size deceives better
- Takes in top paper
- Paper hat belonging to court jester?
- What may be marked with a D in paper
- Printer setting is misleading about page
Buddy explains!

The straight part
We know that "Paper" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case paper = foolscap.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 FOOLSCAP mean?
FOOLSCAP noun- A cap, usually brightly coloured with bells and tassels, as worn by a court jester or fool.
- (strictly) Writing paper sheets measuring 13.25 x 16.5 inches
- (more usually) Such a sheet folded or cut in half, thus approximately 8 x 13.25 inches.
- Printing paper measuring 13.5 inches x 17 inches.