Female given drink creates panic (4)
I believe the answer is:
flap
'panic' is the definition.
(getting in a flap is panicking)
'female given drink' is the wordplay.
'female' becomes 'f' (abbreviation).
'given' means one lot of letters go next to another.
'drink' becomes 'lap' (to lap is to drink up).
'f'+'lap'='FLAP'
'creates' acts as a link.
(Other definitions for flap that I've seen before include "Be agitated; hinged piece" , "Flutter" , "Move wings - panic!" , "Move like a bird or get into a tizzy" , "Moving surface on wing" .)