Crossword Genius

Contracting them doesn't mean paying less! (5)

Ross

I believe the answer is:

debts

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If this is the answer I cannot explain how the clue works.

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(Other definitions for debts that I've seen before include "They're owed" , "Outstanding sums" , "Liabilities" , "Amounts owed" , "Moneys owed" .)

I've seen this clue in The Irish Independent.
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