Crossword Genius

Company that is two thousand in red (6)

Ross

I believe the answer is:

commie

'red' is the definition.
(thesaurus)

'company that is two thousand in' is the wordplay.
'company' becomes 'co' (abbreviation).
'that is' becomes 'ie' ('i.e.' can be a synonym of 'that is').
'two' indicates the doubling of some letters.
'thousand' becomes 'm' ('m' can be a synonym of 'thousand'**).
'in' indicates putting letters inside.
'm' duplicated is 'mm'.
'co'+'ie'='coie'
'coie' placed around 'mm' is 'COMMIE'.

(Other definitions for commie that I've seen before include "Extreme left-winger" , "Eg, Marxist (colloq.)" , "Red" , "Left wing" .)

I've seen this clue in The Telegraph.
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