Crossword Genius

Everything absorbed by saturated pouch (6)

Ross

I believe the answer is:

wallet

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'pouch' is the definition.
The definition and answer can be both man-made objects as well as being singular nouns.
Perhaps you can see an association between them that I don't see?

'everything absorbed by saturated' is the wordplay.
'everything' becomes 'all' (all things).
'absorbed by' indicates putting letters inside.
'saturated' becomes 'wet' (similar in meaning).
'all' inserted inside 'wet' is 'WALLET'.

Can you help me to learn more?

(Other definitions for wallet that I've seen before include "Folding case for money" , "Money-holder" , "Money holder" , "A man's pocketbpook" , "Purse for notes" .)

I've seen this clue in The Telegraph.
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