One out of money put time into a sequence of esoteric rites (9)
I believe the answer is:
mysteries
'esoteric rites' is the definition.
Although both the answer and definition are plural nouns, I cannot understand how one could define the other.
'one out of money put time into a sequence' is the wordplay.
'out of' is a deletion indicator ('out of' can mean no longer having).
'put' is a charade indicator (letters next to each other).
'time' becomes 't' (abbreviation).
'into' means one lot of letters goes inside another.
'a sequence' becomes 'series' (I've seen this before).
'money' with 'one' taken out is 'my'.
't' going into 'series' is 'steries'.
'my'+'steries'='MYSTERIES'
'of' acts as a link.
Can you help me to learn more?
(Other definitions for mysteries that I've seen before include "closed books..." , "They're beyond understanding or explanation" , "Arcana" , "Inexplicable things" , "They baffle understanding and cannot be explained" .)