Cow's beef, pickled (5)

I believe the answer is:

bully

I believe this clue is a double definition.

'cow's' is the first definition.
(both can mean to intimidate someone)

'beef pickled' is the second definition.
(bully or bully beef is corned beef)

(Other definitions for bully that I've seen before include "Flashman, say" , "Intimidate" , "Intimidating person" , "One persecuting weaker person" , "excellent" .)

I've seen this clue in The Guardian.

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