American volume a new collection of true stories (10)

I believe the answer is:

literature

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'american volume a new collection of true stories' is the definition.
I can't tell whether this definition defines the answer.

'american volume a new collection of true' is the wordplay.
'american volume' becomes 'liter' (I've seen this in other clues).
'new collection of' indicates an anagram.
'true' with letters rearranged gives 'ture'.
'liter'+'a'+'ture'='LITERATURE'

Can you help me to learn more?

(Other definitions for literature that I've seen before include "Written works of artistic merit" , "Reading matter" , "promotional material" , "Books, writing, etc" , "What author writes" .)

I've seen this clue in The Independent.

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