Raises matter after penny has dropped (3)
I believe the answer is:
ups
'raises' is the definition.
(I've seen this in another clue)
'matter after penny has dropped' is the wordplay.
I cannot really understand how this works, but
'matter' could be 'u' (U is an example) and 'u' is found in the answer.
'penny' could be 'p' (short for pence) and 'p' is found within the answer.
A single letter 's' remains which might be clued in a way I don't see.
This may be the basis of the clue (or it may be nonsense).
Can you help me to learn more?
(Other definitions for ups that I've seen before include "peak times?" , "Raises" , "Positive phases of the cycle" , "Sup in good times" , "High points" .)