The money that is for the golf club (7)
I believe the answer is:
brassie
'the golf club' is the definition.
(I've seen this before)
'the money that is' is the wordplay.
'the money' becomes 'brass' (I've seen this before).
'that is' becomes 'ie' (short for Latin 'id est', 'that is').
'brass'+'ie'='BRASSIE'
'for' is the link.
(Other definitions for brassie that I've seen before include "Number two wood (golf)" , "old wood" , "Golf-club" , "Old golf club" .)