Moneylender on the board is bankrupt and heading for ruin (10)
I believe the answer is:
pawnbroker
'moneylender' is the definition.
(thesaurus)
'the board is bankrupt and heading for ruin' is the wordplay.
'the board' becomes 'pawn' (I can't justify this - if you can you should believe this answer much more).
'is bankrupt' becomes 'broke'.
'and' says to put letters next to each other.
'heading for' indicates taking the first letters.
The first letter of 'ruin' is 'r'.
'pawn'+'broke'+'r'='PAWNBROKER'
'on' is the link.
Can you help me to learn more?
(Other definitions for pawnbroker that I've seen before include "One lending against deposited goods" , "Uncle's" , "His sign is three balls" , "Uncle" , "Money-lender" .)