Crossword Genius

A lot of money offered by a specialist mag for material (9)

Ross

I believe the answer is:

bombazine

'material' is the definition.
(I know that bombazine is a type of material)

'a lot of money offered by a specialist mag' is the wordplay.
'a lot of money' becomes 'bomb' (it cost a bomb).
'offered by' is a charade indicator (letters next to each other).
'specialist mag' becomes 'zine' (a fanzine).
'bomb'+'a'+'zine'='BOMBAZINE'

'for' acts as a link.

(Another definition for bombazine that I've seen is " Twilled fabric".)

I've seen this clue in The Times.
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