Give out the wrong time (4)
I believe the answer is:
emit
'give out' is the definition.
(I know that give out can be written as emit)
'wrong time' is the wordplay.
'wrong' is an anagram indicator.
'time' anagrammed gives 'EMIT'.
'the' acts as a link.
(Other definitions for emit that I've seen before include "Send out in time" , "Give off, heat say" , "Produce and discharge" , "Exhale" , "Give out or put forth" .)