Writer’s quantity of money after penning English (4)
I believe the answer is:
poet
'writer's' is the definition.
(poet is a kind of writer)
'quantity of money after penning english' is the wordplay.
I cannot quite see how this works, but
'quantity' could be 't' (T is an example) and 't' is located in the answer.
'of' could be 'o' and 'o' is present in the answer.
'money' could be 'p' and 'p' is located in the answer.
'english' could be 'e' (abbreviation) and 'e' is present in the answer.
No letters remain.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for poet that I've seen before include "Bridges possibly" , "Writer in verse form" , "Heaney or Yeats, say" , "Eg, Keats or Auden" , "author" .)