Crossword Genius

What's spat out or deposited in a lot of money (6)

Ross

I believe the answer is:

sputum

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'what's spat out' is the definition.
I can't judge whether this defines the answer.

'deposited in a lot of money' is the wordplay.
'deposited' becomes 'put' (I've seen this in other clues).
'in' means one lot of letters goes inside another.
'a lot of money' becomes 'sum' (I can't justify this - if you can you should give a lot more credence to this answer).
'put' going within 'sum' is 'SPUTUM'.

'or' acts as a link.

Can you help me to learn more?

(Other definitions for sputum that I've seen before include "bodily fluid" , "sign of respiratory problem" , "Phlegm" , "Stuff ejected from the mouth" , "Mouth moisture, spittle" .)

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