Hide tip from thieves wanting cash (5)

I believe the answer is:

skint

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'hide tip from thieves wanting cash' is the definition.
I can't judge whether this definition defines the answer.

'hide tip from thieves' is the wordplay.
'hide' becomes 'skin' (a hide is an animal skin).
'tip from' suggests taking the first letters.
The first letter of 'thieves' is 't'.
'skin'+'t'='SKINT'

Can you help me to learn more?

(Other definitions for skint that I've seen before include "Without money (slang)" , "Hard-up" , "Extremely poor" , "Penniless (slang)" , "Hard up (sl.)" .)

I've seen this clue in The Daily Express.

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