Crossword Genius

Money to invest in a hole in California (7)


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'money' is the definition.
(I've seen this before)

'a hole in california' is the wordplay.
'hole' becomes 'pit' (pit is a kind of hole).
'in' is an insertion indicator.
'california' becomes 'cal' (short for California).
'apit' placed inside 'cal' is 'CAPITAL'.

'to invest in' acts as a link.
This may not be right. Some or all of it may belong to another bit of the clue.

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(Other definitions for capital that I've seen before include "Cardinal; splendid; assets" , "liquid assets" , "Chief; excellent" , "Money saved or invested - seat of government" , "Upper case city" .)

I've seen this clue in The Telegraph.
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