Supple Penny exposed to risk (7)

I believe the answer is:

pliable

'supple' is the definition.
(thesaurus)

'penny exposed to risk' is the wordplay.
'penny' becomes 'p'.
'exposed to risk' becomes 'liable' (I've seen this before).
'p'+'liable'='PLIABLE'

(Other definitions for pliable that I've seen before include "Easily bent" , "Elastic" , "Ductile" , "accommodating" , "easily influenced" .)

I've seen this clue in The Telegraph.

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