A record that's not way out? (5)
I believe the answer is:
entry
'a record' is the definition.
(eg entry in a list)
'not way out?' is the wordplay.
I cannot really understand how this works, but
'not' could be 'nt' (synonyms) and 'nt' is located in the answer.
'way' could be 'e' (Compass direction - East) and 'e' is found in the answer.
This may be the basis of the clue (or it may be nonsense).
'that's' acts as a link.
Can you help me to learn more?
(Other definitions for entry that I've seen before include "Ingress, portal" , "Item inserted in a written record" , "Doorway" , "List of competitors" , "List of candidates" .)