The most common and most likely answer to this crossword clue is the 8 letter word SURPLICE
I've seen this crossword clue in Financial Times
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More clues leading to the result SURPLICE
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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 SURPLICE mean?
SURPLICE noun- A liturgical vestment of the Christian Church. It has the form of a tunic of white linen or cotton material, with wide or moderately wide sleeves, reaching to the hips or knees. It usually features lace decoration and may have embroidered bordures.