Crossword Genius

Cut ankle finally bound (4)

Ross

I believe the answer is:

lope

'bound' is the definition.
(to lope is to travel with bounding stride or bound)

'cut ankle finally' is the wordplay.
'cut' becomes 'lop' (lopping is a kind of cutting).
'finally' says to take the final letters.
The final letter of 'ankle' is 'e'.
'lop'+'e'='LOPE'

(Other definitions for lope that I've seen before include "Run with a long stride" , "Canter" , "Move with a long bounding stride" , "Move with long strides" , "Take long, bouncy strides" .)

I've seen this clue in The Sunday Times.
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