Sausage in cold range reduced (7)
I believe the answer is:
chorizo
'sausage' is the definition.
(type of sausage)
'cold range reduced' is the wordplay.
'cold' becomes 'c' (eg on taps).
'range' becomes 'horizon' (horizon is a kind of range).
'reduced' means to remove the last letter.
'horizon' with its last letter removed is 'horizo'.
'c'+'horizo'='CHORIZO'
'in' is the link.
(Other definitions for chorizo that I've seen before include "Hot sausage" , "Spiced sausage" , "Type of sausage" , "Spicy Spanish meat product" , "Highly seasoned sausage" .)