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Olympian shows courage having lost lead (4)

Ross

I believe the answer is:

ares

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'olympian' is the definition.
(Greek god who lived on Mount Olympus)

I don't understand the rest of the clue.

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(Other definitions for ares that I've seen before include "Greek god of war" , "Land measures" , "Belligerent god" , "War-god" , "Olympian" .)

I've seen this clue in The Times.
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