Pence dispatched again and put on display (7)
I believe the answer is:
present
'display' is the definition.
(thesaurus)
'pence dispatched again and put on' is the wordplay.
'pence' becomes 'p'.
'dispatched again' becomes 're' (I can't explain this - if you can you should give a lot more credence to this answer).
'and' becomes 'n' (common abbreviation for 'and').
'put' becomes 'set' (setting is a kind of putting).
'on' means one lot of letters goes inside another (as in clothing \'on\' a person).
'n' put within 'set' is 'sent'.
'p'+'re'+'sent'='PRESENT'
Can you help me to learn more?
(Other definitions for present that I've seen before include "gift > offer" , "host" , "Serpent (anag.)" , "Reveal < a gift" , "Christmas hand-out" .)