Gave up bag provided, holding rupees and diamonds? Diamonds (10)
I believe the answer is:
sacrificed
'gave up' is the definition.
(sacrificing is a kind of giving up)
'bag provided holding rupees and diamonds? diamonds' is the wordplay.
I cannot really see how this works, but
'bag' could be 'sac' (a small bag) and 'sac' is located in the answer.
'provided' could be 'if' and 'if' is found in the answer.
'rupees' could be 'r' (abbreviation for rupees) and 'r' is present in the answer.
'diamonds?' could be 'ice' (slang term for diamonds) and 'ice' is located in the answer.
'diamonds' could be 'd' (abbreviation for the card suit diamonds) and 'd' is found in the answer.
No letters remain.
This explanation may well be incorrect...
Can you help me to learn more?
(Another definition for sacrificed that I've seen is " Given up for the greater good".)