Beneficiary of small monetary amount, one stopping late (9)
I believe the answer is:
recipient
'beneficiary' is the definition.
(I've seen this before)
'small monetary amount one stopping late' is the wordplay.
I cannot quite understand how this works, but
'amount' could be 'pi' (pi is a kind of amount) and 'pi' is found in the answer.
'one' could be 'i' (Roman numeral) and 'i' is present in the answer.
'late' could be 'recent' (similar in meaning) and 'recent' is present in the remaining letters.
No letters remain.
This may be the basis of the clue (or it may be nonsense).
'of' acts as a link.
Can you help me to learn more?
(Other definitions for recipient that I've seen before include "who gets the goods" , "Someone getting" , "relatively unblessed type" , "Receiver" , "One who's given" .)