Dollar advanced and collapsed (7)

I believe the answer is:

buckled

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

'collapsed' is the definition.
(buckling is a kind of collapsing)

'dollar advanced' is the wordplay.
'dollar' becomes 'buck' (synonyms).
'advanced' becomes 'led' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'buck'+'led'='BUCKLED'

'and' is the link.

Can you help me to learn more?

(Other definitions for buckled that I've seen before include "collapsed" , "folded under pressure" , "Securely fastened" , "Crumpled under pressure." , "Fastened up - gave way" .)

I've seen this clue in The Hindu.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.