Deficit is halved by company making large statues (7)
I believe the answer is:
colossi
'large statues' is the definition.
'colossi' can be an answer for 'statues' (I have seen 'Enormous statues ' mean 'colossi' so perhaps 'statues' could also mean 'colossi'). I am not certain of the 'large' bit.
'deficit is halved by company' is the wordplay.
'deficit' becomes 'loss' (I've seen this in other clues).
'halved' suggests halving the letters.
'by' is a charade indicator (letters next to each other).
'company' becomes 'co' (abbreviation).
'is' with half the letters taken is 'i'.
'loss'+'i'='lossi'
'lossi' put after 'co' is 'COLOSSI'.
'making' is the link.
Can you help me to learn more?
(Other definitions for colossi that I've seen before include "Gigantic statues" , "huge figures" , "Cool sis for big people" , "Powerful figures" , "heavyweights" .)