What does the cryptic crossword clue "Chap's tax-free savings account (5)" mean?

The definition is "Chap". The wordplay uses a charade (building blocks). ISA (synonym="tax-free") + AC (abbreviation="account") = ISAAC; definition: "Chap's" The answer is ISAAC.

Chap's tax-free savings account (5)

Times Cryptic #28993 | 1 Across | 2024-08-12 flower

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