What does the cryptic crossword clue "Some funding is never returned; this could be a red flag (6)" mean?

The definition is "flag". The wordplay uses hidden reversed. Hidden reversed in "some fundiNG IS NEver returned; this could be a red flag" The answer is ENSIGN.

Some funding is never returned; this could be a red flag (6)

Independent Cryptic #11880 | 4 Down | 2024-11-06 flower

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