Crossword Genius

Painful burn for those implicated in fiscal disaster (5)

Ross

I believe the answer is:

scald

I'm a little stuck... Click here to teach me more about this clue!

'painful burn for those implicated' is the definition.
I can't judge whether this definition defines the answer.

'in fiscal disaster' is the wordplay.
'in' says the answer is hidden in the clue.
'SCALD' can be found hidden inside 'fiscal disaster'.

Can you help me to learn more?

(Other definitions for scald that I've seen before include "Injure with steam" , "Burn with water" , "Injure with hot liquid" , "Heat (milk) to near boiling point" , "Hurt with hot water" .)

I've seen this clue in The Irish Times.
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