Cryptic crossword clue
Cede, alas, when beaten in mounted attack 8

The most common and most likely answer to this crossword clue is the 8 letter word ESCALADE

I've seen this crossword clue in The Daily Telegraph
E
S
C
A
L
A
D
E

Buddy explains!

The straight part
We know that "mounted attack" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case mounted attack = escalade.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ESCALADE mean?

ESCALADE noun
  1. An act of scaling walls or fortifications
ESCALADE verb
  1. To scale the walls of a fortification.

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