Crossword Genius

Church trading is set up with wealth, but not European (6)

Ross

I believe the answer is:

simony

I'm a little stuck... Click here to teach me more about this clue!

'church trading' is the definition.
The definition and answer can be both acts as well as being singular nouns.
Maybe there's a link between them I don't understand?

'is set up with wealth but not european' is the wordplay.
'set up' shows that the letters should be reversed in order (in a down clue, letters go up).
'with' is a charade indicator (letters next to each other).
'wealth' becomes 'money' (money is a kind of wealth).
'but not' indicates named letters should be taken away.
'european' becomes 'E' (abbreviation e.g. EU).
'is' backwards is 'si'.
'money' with 'e' removed is 'mony'.
'si'+'mony'='SIMONY'

Can you help me to learn more?

(Other definitions for simony that I've seen before include "Trade in ecclesiastical pardons" , "Buying and selling of ecclesiastical offices" , "Dealing in church property" , "purchase of church office" , "Buying and selling of benefices etc" .)

I've seen this clue in The Times.
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