Right in touch to make formal agreement (8)
I believe the answer is:
contract
'formal agreement' is the definition.
(thesaurus)
'right in touch' is the wordplay.
I cannot quite understand how this works, but
'right' could be 'r' (common abbreviation) and 'r' is present in the answer.
'touch' could be 'contact' (contact is a kind of touch) and 'contact' is present in the leftover letters.
This accounts for all the letters.
This may be the basis of the clue (or it may be nonsense).
'to make' is the link.
Can you help me to learn more?
(Other definitions for contract that I've seen before include "type of bridge" , "four spades, perhaps" , "Come down with" , "Shorten" , "Covenant" .)