Crossword Genius

Dismissed Liberal over mediocre prospects? (7)

Ross

I believe the answer is:

outlook

I'm a little stuck... Click here to teach me more about this clue!

'prospects?' is the definition.
(I've seen this in another clue)

'dismissed liberal over mediocre' is the wordplay.
'dismissed' becomes 'out' (dismissed in cricket).
'liberal over' becomes 'lo' (this could be a standard abbreviation of which I'm unaware).
'mediocre' becomes 'ok'.
'out'+'lo'+'ok'='OUTLOOK'

Can you help me to learn more?

(Other definitions for outlook that I've seen before include "Mental point of view" , "(Person's) attitude to life" , "Point of view - prospect" , "Forecast" , "Future prospect" .)

I've seen this clue in The Independent.
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