The price to beat? (5)

I believe the answer is:

pound

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

'to beat?' is the definition.
('pound' can be a synonym of 'beat')

I can't explain the rest of the clue.

(Other definitions for pound that I've seen before include "Cars towed to it; hit heavily" , "PS" , "British currency" , "Beat - poet, d. 1972" , "Lay on, money" .)

I've seen this clue in the Evening Standard.

Want a hint initially instead of a full solution? Install my app