Crossword Genius

Game not finished if stolen (4)

Ross

I believe the answer is:

loot

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'game not finished if stolen' is the definition.
I can't judge whether this definition defines the answer.

'game not finished if stolen' is the wordplay.
'game' becomes 'on' (both can mean willing).
'not finished' means to remove the last letter.
'if' becomes 'lot' (I can't explain this - if you can you should give a lot more credence to this answer).
'stolen' is an insertion indicator.
'on' with its final letter taken off is 'o'.
'o' placed within 'lot' is 'LOOT'.

Can you help me to learn more?

(Other definitions for loot that I've seen before include "Steal (goods); money" , "familiar officer" , "Booty, spoils" , "rifle" , "Haul" .)

I've seen this clue in the Evening Standard.
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