Made out title (4)
I believe the answer is:
dame
'title' is the definition.
(I have seen 'Female title ' mean 'dame' so perhaps 'title' could also mean 'dame')
'made out' is the wordplay.
'out' is an anagram indicator (out can mean wrong or inaccurate).
'made' anagrammed gives 'DAME'.
(Other definitions for dame that I've seen before include "Broad" , "Comic pantomime role" , "Panto cross-dresser" , "eg Edna Everage" , "Woman" .)