Excellent; delicate (4)
I believe the answer is:
fine
I believe this clue is a double definition.
'excellent' is the first definition.
(synonyms)
'delicate' is the second definition.
(synonyms)
(Other definitions for fine that I've seen before include "Fair - penalty" , "Monetary penalty inflicted by law" , "Sheer or very good" , "French brandy" , "Suitable" .)