Crossword Genius

Surrender in panic once defeated (7)

Ross

I believe the answer is:

concede

'surrender' is the definition.
(conceding is a kind of surrendering)

'in panic once defeated' is the wordplay.
'in' indicates the answer is hidden within the clue.
'CONCEDE' is hidden in the letters of 'panic once defeated'.

(Other definitions for concede that I've seen before include "Admit; yield" , "Admit (defeat in match)" , "Acknowledge - abandon" , "Make concession" , "Acknowledge defeat" .)

I've seen this clue in The Telegraph.
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