Material taken from novel vetoed (6)
I believe the answer is:
velvet
'material' is the definition.
(velvet is a kind of material)
'taken from novel vetoed' is the wordplay.
'taken from' says the answer is hidden in the clue.
'VELVET' can be found hidden inside 'novel vetoed'.
(Other definitions for velvet that I've seen before include "You may find an iron hand in a ?? glove (6)" , "Fabric of silk, cotton or nylon" , "Plush-like fabric" , "Fabric with short, soft pile" , "Smooth material - furry covering of newly-formed antlers" .)