Standard bond squeezing glue oddly (10)

I believe the answer is:

regulation

'standard' is the definition.
(thesaurus)

'bond squeezing glue oddly' is the wordplay.
'bond' becomes 'relation' (bond can mean a relation or connection).
'squeezing' is an insertion indicator (inserted letters are squeezed by others).
'oddly' means one should take alternating letters (letters in the odd-numbered positions are used).
The alternate letters of 'glue' are 'gu'.
'relation' placed around 'gu' is 'REGULATION'.

I've seen this clue in The Telegraph.

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