Time — special event (8)
I believe the answer is:
occasion
I believe this is a double definition.
'time' is the first definition.
(I know that occasion is a type of time)
'special event' is the second definition.
(I've seen this before)
(Other definitions for occasion that I've seen before include "A special event, or the time it happens" , "instance" , "Give rise to" , "Time when an event takes place" , "Cocoa's in (anag.)" .)