The Spanish share out respect (8)
I believe the answer is:
relation
'respect' is the definition.
(I've seen this before)
'the spanish share out' is the wordplay.
'the spanish' becomes 'el' ('the' in Spanish).
'share' becomes 'ration' (a ration is a share of a limited resource).
'out' means one lot of letters goes inside another.
'el' inserted into 'ration' is 'RELATION'.
(Other definitions for relation that I've seen before include "One of the family" , "report" , "Grandchild, perhaps" , "Reference" , "Kin" .)