Crossword Genius

Regular payment slashed (4)

Ross

I believe the answer is:

rent

This clue is a double definition.

'regular payment' is the first definition.
(rent is a kind of regular payment)

'slashed' is the second definition.
(I've seen this before)

(Other definitions for rent that I've seen before include "One due a letter" , "Payment for accommodation - that's torn it" , "Tear; lease" , "money demanded by letter" , "Tenant's fee" .)

I've seen this clue in The Times.
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