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'm unsure of the 'large' bit.
'deficit is halved by company' is the wordplay.
'deficit' becomes 'loss' (I've seen this before).
'halved' means to take half 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" .)