Lies about raised shot or cocktail (7)
I believe the answer is:
sidecar
'cocktail' is the definition.
(I know that Sidecar is a type of cocktail)
'lies about raised shot' is the wordplay.
'lies' becomes 'c' (I can't explain this - if you can you should believe this answer much more).
'about' is an insertion indicator.
'shot' indicates an anagram.
'raised' is an anagram of 'sidear'.
'c' going into 'sidear' is 'SIDECAR'.
'or' acts as a link.
Can you help me to learn more?
(Other definitions for sidecar that I've seen before include "Tipple" , "passenger compartment" , "Motorcycle accessory -- cocktail" , "Passenger carrier attached to a motorcycle" , "Attachment to motorcycle to accommodate passenger" .)