What does the cryptic crossword clue "Former coppers judge dealers' standard (8,4)" mean?

The definition is "dealers' standard". The wordplay uses a charade (building blocks). EX (abbreviation="Former") + CHANGE (synonym="coppers") + RATE (abbreviation="judge") = EXCHANGERATE; definition: "dealers' standard" The answer is EXCHANGERATE.

Former coppers judge dealers' standard (8,4)

Guardian Cryptic #24974 | 1 Down | 2010-04-02 flower

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