It is a hidden word, but you can't leave it as "risk a terrible" on ice. You need a noun for it to make sense. Hence "risk a terrible injury" then a skater is "on ice". Full stop simply as the end of the clue.
Other than reading the clue as a whole or semi &lit (below), it's very poor - frankly there are so many "dodgy" clues in this puzzle, I'm amazed it was passed for publication.
"&lit" ("and literally so"), where the clue as a whole functions as the definition & wordplay
"semi &lit", where the clue as a whole is the definition but only a part of it is wordplay
Goodgoalie, there's relevant history for that crossword. The normal, excellent setter finished the week before - and this very poor specimen of a crossword appeared!
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