Narrow escape (5-3-2)
'narrow escape' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for close shave that I've seen before include "Near thing" , "resulting in barefaced cheek?" , "Danger narrowly averted" , "Chases vole (anag.)" , "Almost a disaster" .)
'narrow escape' is the definition.
(thesaurus)
This is all the clue.
(Other definitions for near miss that I've seen before include "Not quite on target, but close" , "meeting thankfully avoided" , "A narrowly avoided collision in seminars" , "that doesn't quite hit the target" , "Almost hitting the target" .)
'narrow escape' is the definition.
('touch and go' can mean close to going badly)
This is all the clue.
(Another definition for touch-and-go that I've seen is " (Of an outcome) possible but very uncertain".)