A really good firework! (7)
I believe the answer is:
cracker
'firework' is the definition.
(cracker is a kind of firework)
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for cracker that I've seen before include "Christmas table item" , "pulled at Christmas?" , "Xmas table extra" , "Dry biscuit; Christmas item" , "Knockout biscuit?" .)