Slapped and dismissed after stealing money (7)
I believe the answer is:
smacked
'slapped' is the definition.
(smacking is a kind of slapping)
'after stealing money' is the wordplay.
'after' becomes 'sacked' (I can't explain this - if you can you should give a lot more credence to this answer).
'stealing' is an insertion indicator.
'money' becomes 'm' (abbreviation in economics).
'sacked' enclosing 'm' is 'SMACKED'.
'and dismissed' acts as a 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 smacked that I've seen before include "Slapped" , "boxed" , "Had a slight trace of - hit hard" , "Struck" .)