Crossword Genius

Deity with short name, an old character (5)

Ross

I believe the answer is:

thorn

'an old character' is the definition.
(letter used in Old English)

'deity with short name' is the wordplay.
'deity' becomes 'thor' (Thor is an example**).
'with' means one lot of letters go next to another.
'short' indicates taking the first letters.
The first letter of 'name' is 'n'.
'thor'+'n'='THORN'

(Other definitions for thorn that I've seen before include "Sharp point; runic character" , "Sharp point on, eg, rose" , "Prickly plant" , "Plant spine; old letter" , "Invariable accompaniment of 2, they say" .)

I've seen this clue in The Telegraph.
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