Does it steal up and down? (4)

I believe the answer is:

lift

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'steal up and down?' is the definition.
'lift' can be an answer for 'steal' (lifting is a kind of stealing). I'm not certain of the 'up and down?' bit.

I don't understand how the remainder of the clue works.

Can you help me to learn more?

(Other definitions for lift that I've seen before include "It's an elevator in USA" , "Raise; elevator" , "remove" , "Raise the vertical conveyor" , "Take" .)

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