Crossword Genius

Screw, small, fairly regularly used (6)

Ross

I believe the answer is:

salary

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'screw' is the definition.
Although both the answer and definition are singular nouns, I can't understand how they can define each other.

'small fairly regularly used' is the wordplay.
'regularly used' means one should take alternating letters (letters selected on a regular basis).
'small'+'fairly'='smallfairly'
The alternate letters of 'smallfairly' are 'SALARY'.

Can you help me to learn more?

(Other definitions for salary that I've seen before include "Remuneration for work done" , "Annual pay" , "Fixed regular payment of work" , "Regular income from employment" , "Remuneration for Ray and Sal" .)

I've seen this clue in The Times.
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