A veto on twelve (4)
I believe the answer is:
noon
'twelve' is the definition.
(twelve noon)
'a veto on' is the wordplay.
'a veto' becomes 'no' (I can't explain this - if you can you should believe this answer much more).
'no'+'on'='NOON'
Can you help me to learn more?
(Other definitions for noon that I've seen before include "12 o'clock" , "See 8" , "Twelve during daylight" , "A moment of time" , "The middle of the day" .)