Pan placed to hold ice (7)
I believe the answer is:
skillet
'pan' is the definition.
(skillet is a kind of pan)
'placed to hold ice' is the wordplay.
'placed' becomes 'set' (synonyms).
'to hold' indicates putting letters inside.
'ice' becomes 'kill' (ice can informally mean to kill or assassinate).
'set' going around 'kill' is 'SKILLET'.
(Other definitions for skillet that I've seen before include "Small frying pan" , "Cooking-pot" , "Metal cooking pot with long handle" , "Small long-handled pan" , "Small cooking pot" .)