Crossword Genius

Flash around half naked statue (8)

Ross

I believe the answer is:

monument

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'statue' is the definition.
(thesaurus)

'flash around half naked' is the wordplay.
'flash' becomes 'moment' (I've seen this before).
'around' means one lot of letters goes inside another.
'half naked' becomes 'nu' (I can't explain this - if you can you should believe this answer much more).
'moment' going around 'nu' is 'MONUMENT'.

Can you help me to learn more?

(Other definitions for monument that I've seen before include "Commemorative statue, building etc." , "cairn" , "Commemorative structure" , "Commemorative column etc" , "London tube station" .)

I've seen this clue in The Telegraph.
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