Prayer of communist in the company (5)
I believe the answer is:
credo
'prayer' is the definition.
Although both the answer and definition are singular nouns, I cannot understand how one could define the other.
'communist in the company' is the wordplay.
'communist' becomes 'red' (red can informally mean communist).
'in the' indicates putting letters inside.
'company' becomes 'co' (abbreviation).
'red' inserted into 'co' is 'CREDO'.
'of' acts as a link.
Can you help me to learn more?
(Other definitions for credo that I've seen before include "Decor (anag.)" , "Faith or belief" , "Dogma" , "conviction" , "Set of beliefs about leftist circle" .)