American stockholder managed joyful shout, losing heart (7)
I believe the answer is:
rancher
'american stockholder' is the definition.
The definition and answer can be both people as well as being singular nouns.
Perhaps they are linked in a way I don't understand?
'managed joyful shout losing heart' is the wordplay.
'managed' becomes 'ran' (both can mean organised or was in charge of).
'joyful shout' becomes 'cheer' (I've seen this in another clue).
'losing heart' suggests removing the centre.
'cheer' with its centre removed is 'cher'.
'ran'+'cher'='RANCHER'
Can you help me to learn more?
(Other definitions for rancher that I've seen before include "US cattle breeder" , "Owner of a large farm" , "A cowboy" , "Hacienda owner" , "Cattleman" .)