Proceeds to exclude company from economic development (6)
I believe the answer is:
income
'proceeds' is the definition.
(thesaurus)
'company from economic development' is the wordplay.
'company' becomes 'co' (abbreviation).
'from' indicates named letters should be taken away.
'development' indicates an anagram.
'economic' with 'co' taken out is 'enomic'.
'enomic' is an anagram of 'INCOME'.
'to exclude' is the link.
I am not very happy about this link. Some or all of it may be part of another bit of the clue.
Can you help me to learn more?
(Other definitions for income that I've seen before include "Money received as wages, interest etc" , "Coin me! (anag)" , "See 12" , "Money gained from work or investment" , "Money gained over time" .)