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Not oddly looking up, you pay the photographer’s agent (4)

Ross

I believe the answer is:

hypo

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This clue could be a double definition.

'not oddly looking up you pay' is the first definition.
Although both the answer and definition are singular nouns, I cannot see how one could define the other.

'photographer's agent' is the second definition.
The answer and definition can be both substances as well as being singular nouns.
Maybe there's a link between them I don't understand?

'the' acts as a link.

Can you help me to learn more?

(Other definitions for hypo that I've seen before include "Sharp needle" , "Fixer" , "Prefix denoting 'under' or 'inadequate'" .)

I've seen this clue in The Times.
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