Cut team coming second? (10)
I believe the answer is:
silverside
'cut' is the definition.
(I know that Silverside is a cut of beef)
'team coming second?' is the wordplay.
I cannot quite understand how this works, but
'team' could be 'side' (both can mean a sports team) and 'side' is located in the answer.
'second?' could be 'silver' (I've seen this before) and 'silver' is found within the answer.
No letters remain.
This explanation may well be incorrect...
(Other definitions for silverside that I've seen before include "Joint" , "Crown of a round of beef cut from the leg" , "Cut of meat" , "piece of meat" .)