Crossword Genius

Clip of The Last Stand pub set up by gangster (8)

Ross

I believe the answer is:

biennial

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'clip of the last stand pub set up by gangster' is the definition.
I can't tell whether this defines the answer.

'clip of the last stand pub set up by gangster' is the wordplay.
'clip of' means to remove the last letter (I've seen 'clipped' mean this).
'the last stand' becomes 'bier' (stand used in funerals).
'pub' becomes 'inn' (I've seen this before).
'set up' shows that the letters should be reversed in order.
'by gangster' becomes 'al' (Al Capone. I am not sure about the 'by' bit.**).
'inn' backwards is 'nni'.
'bier' with its last letter taken away is 'bie'.
'bie'+'nni'+'al'='BIENNIAL'

Can you help me to learn more?

(Other definitions for biennial that I've seen before include "Two-yearly" , "Happening every second year" , "two-year spell" , "Plant living two years" , "Occurring every second year" .)

I've seen this clue in the Irish Times (Crosaire) and the Irish Times.
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