Band give shows — and live! (7)
I believe the answer is:
quartet
'band' is the definition.
(thesaurus)
I cannot understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for quartet that I've seen before include "film" , "Group of four musicians" , "Group such as the Beatles" , "Players" , "A pair of braces" .)