Crossword Genius

Former player, one making extortionate demands (7)

Ross

I believe the answer is:

exactor

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'one making extortionate demands' is the definition.
The definition suggests a singular noun which matches the answer. I also know that 'demands' relates to this answer.

'former player' is the wordplay.
'former' becomes 'ex' (prefix meaning former or onetime).
'player' becomes 'actor' (synonyms).
'ex'+'actor'='EXACTOR'

Can you help me to learn more?

(Other definitions for exactor that I've seen before include "One demands" , "demanding type" , "He demands payment" , "Person squeezing" , "Core tax (anag.)" .)

I've seen this clue in The Times.
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