Receiving fine does perhaps delay (5)
I believe the answer is:
defer
'delay' is the definition.
(I know that defer is a more specific form of delay)
'receiving fine does' is the wordplay.
'receiving' is an insertion indicator.
'fine' becomes 'f' (abbreviation e.g. condition of old coins, books).
'does' becomes 'deer' (I've seen this in another clue).
'f' placed into 'deer' is 'DEFER'.
'perhaps' is the link.
(Other definitions for defer that I've seen before include "Deal with later" , "Yield to another's wishes" , "Put off, postpone" , "Postpone or yield to another" , "Freed in order to postpone" .)