The most common and most likely answer to this crossword clue is the 6 letter word FAUCET
I've seen this crossword clue in The Daily Telegraph
F
A
U
C
E
T
More clues leading to the result FAUCET
- Militant Millicent, reportedly one turned on by Americans
- It supplies Americans with water
- Not sound advice, when this tap gets stuck!
- Tap stuck in barrel? Wrench it, say
- Yank tap?
- Tap dancing cue — enter during ‘Grease’
- Fred Astaire’s tap — push it to the audience
- Tap note to cute cast
- Tap dancing with a cute female
- Tap union found in Strand
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 FAUCET mean?
FAUCET noun- An exposed plumbing fitting; a tap or spigot; a regulator for controlling the flow of a liquid from a reservoir.
- (game development) One or several systems that inject currency into the game's economy, thus controlling or preventing inflation