Steer then give way finding large bend (5)
I believe the answer is:
oxbow
'large bend' is the definition.
(large bend in a river)
'steer then give way' is the wordplay.
'steer' becomes 'ox' (a steer is a castrated ox).
'then' means one lot of letters go next to another.
'give way' becomes 'bow' (bow can mean to collapse or droop).
'ox'+'bow'='OXBOW'
'finding' is the link.
(Other definitions for oxbow that I've seen before include "Horseshoe-shaped loop of river" , "Lake formed by a bend in a river" , "U-shaped curve in a stream" , "Horseshoe bend in a stream" , "Cut off river loop" .)