Striking effect of chapter in story recalled (5)
I believe the answer is:
eclat
'striking effect' is the definition.
(I've seen this before)
'chapter in story recalled' is the wordplay.
'chapter' becomes 'c' (abbreviation).
'in' indicates putting letters inside.
'story' becomes 'tale' (synonyms).
'recalled' says the letters should be written backwards (to recall can mean to bring something back).
'c' put within 'tale' is 'talce'.
'talce' backwards is 'ECLAT'.
'of' acts as a link.
(Other definitions for eclat that I've seen before include "Distinguished success" , "Splash" , "Showy effect (Fr.)" , "Brilliance" , "brilliant effort" .)