Cryptic crossword clue
Cheap deposit backed with very little money 8

The most common and most likely answer to this crossword clue is the 8 letter word TUPPENNY

T
U
P
P
E
N
N
Y

Buddy explains!

The straight part
We know that "Cheap" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case cheap = tuppenny.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does TUPPENNY mean?

TUPPENNY noun
  1. A coin or stamp worth two pence.
  2. (juvenile) In the children's game of leapfrog, the head (perhaps named from a tuppenny loaf).
TUPPENNY adjective
  1. (becoming old-fashioned) Literally, worth tuppence (two pence); of little value or status.

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