What does the cryptic crossword clue "Recipient of money agreed to cut exercises (5)" 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.

Recipient of money agreed to cut exercises (5)

Times Cryptic #29433 | 8 Down | 2026-01-07 flower

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