Crossword Genius

Victor perhaps in embrace when given Oscar (4)

Ross

I believe the answer is:

hugo

I'm a little stuck... Click here to teach me more about this clue!

'victor perhaps' is the definition.
I can't judge whether this definition defines the answer.

'embrace when given oscar' is the wordplay.
'embrace when' becomes 'hug' ('hug' can be a synonym of 'embrace'. I am not sure about the 'when' bit.**).
'given' means one lot of letters go next to another.
'oscar' becomes 'o' (phonetic alphabet: alpha, bravo, charlie etc.).
'hug'+'o'='HUGO'

'in' acts as a link.

Can you help me to learn more?

(Other definitions for hugo that I've seen before include "Victor .... wrote ''Les Miserables''" , "Victor, say" , "Victor -; French author (Les Miserables)" , "Jargon used by a particular group" , "Man's name; sci-fi award" .)

I've seen this clue in The Independent.
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