Crossword Genius

Old writers point to outlay (7)

Ross

I believe the answer is:

expense

'outlay' is the definition.
('expense' can be a synonym of 'outlay')

'old writers point' is the wordplay.
'old' becomes 'ex'.
'writers' becomes 'pens' (I've seen this before).
'point' becomes 'e' (E is an example).
'ex'+'pens'+'e'='EXPENSE'

'to' is the link.

(Other definitions for expense that I've seen before include "Disbursal" , "Disbursement" , "Cost - price" , "damage" , "Outlay or cost" .)

I've seen this clue in The Mirror.
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