Cunning, losing final pursuit (5)

I believe the answer is:

craft

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This might be a double definition.

'cunning' is the first definition.
(synonyms)

'losing final pursuit' is the second definition.
'craft' can be an answer for 'pursuit' (thesaurus). I'm not sure about the 'losing final' bit.

Can you help me to learn more?

(Other definitions for craft that I've seen before include "Skill in doing something" , "SECOND PART OF 23" , "Cunning - trade" , "Trickery" , "It requires special skill" .)

I've seen this clue in The Mirror.

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