What does the cryptic crossword clue "Christmas prize-giver losing heart (4)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Christmas prize-giver losing heart (4)

Telegraph Prize Cryptic #3227 | 20 Across | 2023-08-27 flower

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