Right, let it out (5)
I believe the answer is:
title
'right' is the definition.
(I know that title is a type of right)
'let it out' is the wordplay.
'out' indicates anagramming the letters (out can mean wrong or inaccurate).
'let'+'it'='letit'
'letit' anagrammed gives 'TITLE'.
(Other definitions for title that I've seen before include "Championship -- form of address" , "headline?" , "Chapter heading" , "Deed showing legal right to a property" , "Caption; name" .)