Cut short, cheer-leader bound around piano (7)

I believe the answer is:

cropped

'cut short' is the definition.
(I've seen this before)

'cheer-leader bound around piano' is the wordplay.
'leader' suggests taking the first letters.
'bound' becomes 'roped' (roping is a kind of binding).
'around' indicates putting letters inside.
'piano' becomes 'p'.
The initial letter of 'cheer' is 'c'.
'roped' going around 'p' is 'ropped'.
'c'+'ropped'='CROPPED'

(Another definition for cropped that I've seen is " Cut short".)

I've seen this clue in the Sydney Morning Herald.

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