Crossword Genius

Tale of a debt collector, maybe, involving island warehouse (10)

Ross

I believe the answer is:

repository

I'm a little stuck... Click here to teach me more about this clue!

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

'tale of a debt collector maybe involving island' is the wordplay.
I cannot really understand how this works, but
'of' could be 'o' and 'o' is found within the answer.
'island' could be 'i' and 'i' is located in the answer.
'tale' could be 'story' (synonyms) and 'story' is located in the leftover letters.
The remaining letters 'rep' is a valid word which might be clued in a way I don't understand.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for repository that I've seen before include "cabinet" , "dump?" , "Warehouse" , "Storage place" , "Box containing items for safekeeping" .)

I've seen this clue in The Times.
Want a hint initially instead of a full solution? Install my app