Consider of interest old story put on hold (4,4,7)
I believe the answer is:
take into account
'consider' is the definition.
(I've seen this before)
'interest old story put on hold' is the wordplay.
I cannot quite see how this works, but
'interest' could be 'int' and 'int' is found within the answer.
'old' could be 'o' (common abbreviation eg in OE for Old English) and 'o' is located in the answer.
'story' could be 'account' (synonyms) and 'account' is located in the answer.
'hold' could be 'take' (synonyms) and 'take' is present in the answer.
This accounts for all the letters.
This may be the basis of the clue (or it may be nonsense).
'of' is the link.
Can you help me to learn more?
(Other definitions for take into account that I've seen before include "Consider" , "Allow for" , "what a bank may do to money" , "how to increase funds in bank" .)