Cried distractedly on finishing last, we believe (6)
I believe the answer is:
credit
'believe' is the definition.
(thesaurus)
'cried distractedly on finishing last' is the wordplay.
'distractedly' is an anagram indicator.
'on finishing last' becomes 't' (I can't justify this - if you can you should believe this answer much more).
'cried' is an anagram of 'credi'.
'credi'+'t'='CREDIT'
'we' acts as a link.
This may not be right. It may belong to another bit of the clue.
Can you help me to learn more?
(Other definitions for credit that I've seen before include "Tick - distinction" , "Favourable balance - belief" , "Acknowledgment, recognition or praise" , "Favourable balance - good repute" , "Positive bank balance" .)