Crossword Genius

Penny takes in party for one of those lifeless figures (6)

Ross

I believe the answer is:

coffin

I'm a little stuck... Click here to teach me more about this clue!

'one of those lifeless figures' is the definition.
I can't judge whether this definition defines the answer.

'penny takes in party' is the wordplay.
'penny' becomes 'coin'.
'takes in' is an insertion indicator.
'party' becomes 'ff' (I've seen this in other clues**).
'coin' enclosing 'ff' is 'COFFIN'.

'for' is the link.

Can you help me to learn more?

(Other definitions for coffin that I've seen before include "Casket for a corpse" , "Box for a corpse" , "Body box" , "Corpse's chest" , "Box for burial" .)

I've seen this clue in The Irish Times.
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