Crossword Genius

It’s a disappointment when the colours aren’t fast (7)

Ross

I believe the answer is:

washout

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'fast' is the definition.
Although both the answer and definition are singular nouns, I cannot understand how one could define the other.

I don't understand the remainder of the clue.

Can you help me to learn more?

(Other definitions for washout that I've seen before include "Cancelled test, for example" , "A complete failure - too much rain" , "Cancelled event - utter failure" , "A complete failure - rained off? (4-3)" , "match abandoned due to rain?" .)

I've seen this clue in the Evening Standard.
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