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Defeating first two in quiz, disappearing outside (11)

Ross

I believe the answer is:

vanquishing

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'defeating' is the definition.
('vanquish' can be a synonym of 'defeat')

'first two in quiz disappearing outside' is the wordplay.
'first two in quiz' becomes 'qu' (I can't justify this - if you can you should believe this answer much more).
'disappearing' becomes 'vanishing' ('vanish' can be a synonym of 'disappear').
'outside' is an insertion indicator.
'qu' put into 'vanishing' is 'VANQUISHING'.

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(Other definitions for vanquishing that I've seen before include "Trouncing" , "Conquering" .)

I've seen this clue in The Times.
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