Crossword Genius

He owns a fair bit in the outskirts of Loch Lomond (5)

Ross

I believe the answer is:

laird

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'he' is the definition.

I cannot understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for laird that I've seen before include "Scots estate owner" , "Big landowner" , "He's landed in Scotland" , "Scottish estate-owner" , "Scottish landowner" .)

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