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Beat gold exterior

Ross

I believe the answer is:

outdoor

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'exterior' is the definition.
Both the definition and answer are adjectives. Maybe there's an association between them I don't understand?

'beat gold' is the wordplay.
'beat' becomes 'outdo' (outdoing is a kind of beating).
'gold' becomes 'or' ('or' is the heraldic name for gold).
'outdo'+'or'='OUTDOOR'

Can you help me to learn more?

(Other definitions for outdoor that I've seen before include "Located in the open air" , "Open-air" , "Used in the open air" , "not under cover" , "Not done in the house" .)

I've seen this clue in The Daily Mail.
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