What does the cryptic crossword clue "Ring performer has millions on top of a little gold (7)" mean?

The definition is "Ring". The wordplay uses a charade (building blocks). M (abbreviation="millions") + A (synonym="top") + TAD (synonym="little") + OR (abbreviation="gold") = MATADOR; definition: "Ring performer" The answer is MATADOR.

Ring performer has millions on top of a little gold (7)

Guardian Cryptic #29073 | 17 Down | 2023-05-18 flower

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