Close call when the gin ran out (4,5)
I believe the answer is:
near thing
'close call' is the definition.
(I've seen this before)
'the gin ran out' is the wordplay.
'out' indicates an anagram (out can mean wrong or inaccurate).
'the'+'gin'+'ran'='theginran'
'theginran' with letters rearranged gives 'NEAR THING'.
'when' acts as a link.
(Other definitions for near thing that I've seen before include "Something that barely avoids failure or disaster" , "almost a disaster" , "almost an accident" , "Narrow escape, missed by a small margin (4.5)" , "Knife-edge event" .)