The most common and most likely answer to this crossword clue is the 4 plus 4 letter word GOOD TIME
I've seen this crossword clue in The Daily Telegraph
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More clues leading to the result GOOD TIME
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 GOOD TIME mean?
GOOD TIME adjective- (used only before the noun qualified) Who enjoys pleasurable activities without regard to the consequences.