What does the cryptic crossword clue "A hundred pence to embrace that fellow ape (5)" mean?

The definition is "ape". The wordplay uses a charade (building blocks). C (synonym="a hundred") + HIM (synonym=""that fellow"") + P (synonym="pence") = CHIMP; definition: "ape" The answer is CHIMP.

A hundred pence to embrace that fellow ape (5)

Guardian Cryptic #28969 | 10 Across | 2023-01-17 flower

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