Crossword Genius

Chaps abroad losing the odd schilling (4)

Ross

I believe the answer is:

bods

'chaps' is the definition.
(bod can informally mean a person)

'abroad losing the odd schilling' is the wordplay.
'losing the odd' means one should take alternating letters (letters in odd-numbered positions are removed).
'schilling' becomes 's' (abbreviation for the currency).
The alternating letters of 'abroad' are 'bod'.
'bod'+'s'='BODS'

I've seen this clue in The Guardian.
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