What does the cryptic crossword clue "Vandalised public transport depot loses millions (7)" 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.

Vandalised public transport depot loses millions (7)

Times Cryptic #29295 | 18 Down | 2025-07-30

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I haven't cracked this one yet — but the brilliant team at Times for the Times have:

TRAM SHED, a public transport depot, loses M.

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