Crossword Genius

The money was despatched, I hear (4)

Ross

I believe the answer is:

cent

'the money' is the definition.
(eg denomination of dollars)

'despatched i hear' is the wordplay.
'despatched' becomes 'sent' (to despatch is to send off).
'i hear' shows a homophone (sound like).
'sent' is a homophone of 'CENT'.

'was' is the link.

(Other definitions for cent that I've seen before include "1/100 of various currencies" , "One-hundredth of the value of the basic unit" , "Part of a dollar" , "Small amount of money" , "Small change" .)

I've seen this clue in the Sydney Morning Herald.
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