Hint: Octopus squirts this fish (7)
I believe the answer is:
inkling
'hint' is the definition.
(I've seen this before)
'octopus squirts this fish' is the wordplay.
'octopus squirts' becomes 'ink' (I can't justify this - if you can you should give a lot more credence to this answer).
'this fish' becomes 'ling' (ling is a kind of fish).
'ink'+'ling'='INKLING'
Can you help me to learn more?
(Other definitions for inkling that I've seen before include "Glimmering of notion" , "Slightest idea" , "Thought" , "Faint notion" , "Conception" .)