Figure it may be burnt (6)

I believe the answer is:

effigy

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'figure' is the definition.
(thesaurus)

I can't explain the remainder of the clue.

(Other definitions for effigy that I've seen before include "Likeness of a person in sculpture" , "Rough figure of person" , "(Burnable) representation of a person" , "Image of a person (Guy Fawkes on 5 November?)" , "Crude dummy of person" .)

I've seen this clue in The Globe and Mail.

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