Initially, gold rings and extremes of devices in personal property (5)
I believe the answer is:
goods
'personal property' is the definition.
'goods' can be an answer for 'property' (thesaurus). I am not sure about the 'personal' bit.
'initially gold rings and extremes of devices' is the wordplay.
'initially' says to take the initial letters.
'rings' becomes 'oo' (multiple circles).
'and' means one lot of letters go next to another.
'extremes of' suggests removing the centre (only the letters at the extremes of the word).
'devices' with its middle removed is 'ds'.
The first letter of 'gold' is 'g'.
'g'+'oo'+'ds'='GOODS'
'in' acts as a link.
Can you help me to learn more?
(Other definitions for goods that I've seen before include "Wares" , "Merchandise; freight" , "Merchandise, possessions" , "Commodities" , "- - and chattels" .)