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We finish last (because of the cats and dogs?) (3)

Ross

I believe the answer is:

wet

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

'the cats and dogs?' is the definition.
I can't tell whether this defines the answer.

'we finish last' is the wordplay.
'finish' says to take the final letters.
The last letter of 'last' is 't'.
'we'+'t'='WET'

'because of' acts as a link.

Can you help me to learn more?

(Other definitions for wet that I've seen before include "Saturated; rainy" , "Moderately Conservative" , "Moistened" , "Moisture; feeble (colloq.)" , "Saturated with liquid" .)

I've seen this clue in the Evening Standard.
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