Make out meaning of price he'd fabricated (8)

I believe the answer is:

decipher

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'make out meaning' is the definition.
'decipher' can be an answer for 'make' (thesaurus). I'm unsure of the 'out meaning' bit.

'price he'd fabricated' is the wordplay.
'fabricated' is an anagram indicator.
'price'+'hed'='pricehed'
'pricehed' with letters rearranged gives 'DECIPHER'.

'of' is the link.

Can you help me to learn more?

(Other definitions for decipher that I've seen before include "Convert from code into plain language" , "Convert code to ordinary language" , "Make out meaning of coded message" , "Break code" , "Explain" .)

I've seen this clue in The Telegraph.

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