Hmmm - seeing as you say so, I'd agree. The English word doesn't mean flesh-eating (or anything like it); it merely derives from a foreign word that means that. Now, if the answer had been sarcophagous ... the clue could have been flesh-eating crone to love following pig draped in Koranic verses!
"Paul's about to compile, going back into business for very little money abroad" -E-T-S-M- (Paul is the setter.) And I promise not to emit furious noises if you get it this time!
[MF] I suspect it's CENTESIMO being the Uraguayan sub-currency. I except you'll be able to work out how to get there from the clue, so I shan't insult you by explaining it. Look forward to sitting down with a crossword later...