What does the cryptic crossword clue "Navy invested in gold balls as munitions (9)" mean?

The definition is "munitions". The wordplay uses charade, container. N (synonym of "Navy") + OR (synonym of "gold") + DANCES (synonym of "balls") [container: "invested"]; definition: "munitions" The answer is ORDNANCES.

Navy invested in gold balls as munitions (9)

Independent Cryptic #11728 | 4 Down | 2024-05-13 flower

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