Moneybags endlessly changing frightful figure (8)
I believe the answer is:
bogeyman
'frightful figure' is the definition.
The definition and answer can be both people as well as being singular nouns.
Perhaps they are linked in a way I don't understand?
'moneybags endlessly changing' is the wordplay.
'endlessly' means to remove the last letter.
'changing' indicates anagramming the letters.
'moneybags' with its last letter removed is 'moneybag'.
'moneybag' is an anagram of 'BOGEYMAN'.
Can you help me to learn more?
(Other definitions for bogeyman that I've seen before include "Dreadful being invoked to scare children" , "Imaginary male feared by children" , "Jinx" , "Person (real or imaginary) used as a threat to children" , "Evil bloke giving children nightmares" .)