‘Gather ye Rose-buds while ye may’ (5,4)

I believe the answer is:

carpe diem

(Other definitions for carpe diem that I've seen before include "Gather ye rosebuds" , "Seize occasion" , "Enjoy the moment! (Latin)" , "from Horace" , "make the most of today" .)

I've seen this clue in The Guardian.

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