Bishop always with time for drink (8)
I believe the answer is:
beverage
'for drink' is the definition.
(synonyms)
'bishop always with time' is the wordplay.
'bishop' becomes 'B' (abbreviation for bishop in chess).
'always' becomes 'ever' (synonyms).
'with' is a charade indicator (letters next to each other).
'time' becomes 'age' (an age is a period of time).
'b'+'ever'+'age'='BEVERAGE'
(Other definitions for beverage that I've seen before include "such as a Frappuccino" , "Non-alcoholic drink" , "Drink other than water" , "Liquid for drinking" , "Any drink, say a beer" .)