Lip so put out (5)
I believe the answer is:
spout
'lip' is the definition.
(I've seen this before)
'so put out' is the wordplay.
'out' indicates an anagram (out can mean wrong or inaccurate).
'so'+'put'='soput'
'soput' anagrammed gives 'SPOUT'.
(Other definitions for spout that I've seen before include "Discharge" , "Gush" , "Projecting tube through which liquid is poured" , "Speak in a declamatory way; pipe for liquid" , "Make speech; part of teapot" .)