What we have is time, according to the cockney (4)

I believe the answer is:

ours

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'what we have' is the definition.
(I've seen this in another clue)

I can't explain the rest of the clue.

(Other definitions for ours that I've seen before include "British" , "Relating or belonging to us" , "Indiscriminate slaughter" , "The French bear" , "of the Queen?" .)

I've seen this clue in the Evening Standard.

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