Decamp as Bond collapses with cold (7)
I believe the answer is:
abscond
'decamp' is the definition.
(synonyms)
'as bond collapses with cold' is the wordplay.
'collapses with' indicates anagramming the letters.
'cold' becomes 'c' (eg on taps).
'as'+'bond'='asbond'
'asbond' anagrammed with 'c' can make 'ABSCOND'.
(Other definitions for abscond that I've seen before include "Leave to escape arrest" , "Run away from a legal process" , "Bods can (anag.)" , "Run away secretly" , "Leave quickly and secretly" .)