Crossword Genius

A country once losing money — or a number of countries (4)

Ross

I believe the answer is:

asia

'a number of countries' is the definition.
(Asia is a continent)

'a country once losing money' is the wordplay.
'country once' becomes 'siam' (former name of Thailand).
'losing' is a deletion indicator.
'money' becomes 'm' (abbreviation in economics).
'siam' with 'm' taken out is 'sia'.
'a'+'sia'='ASIA'

'or' is the link.

(Other definitions for asia that I've seen before include "Huge landmass" , "Populous continent" , "Part of the world" , "huge region" , "One-third of all land" .)

I've seen this clue in The Guardian.
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