Trace out a chest (5)
I believe the answer is:
crate
'a chest' is the definition.
(thesaurus)
'trace out' is the wordplay.
'out' indicates anagramming the letters (out can mean wrong or inaccurate).
'trace' with letters rearranged gives 'CRATE'.
(Other definitions for crate that I've seen before include "Old car" , "Wooden container" , "Carton; old plane" , "Dilapidated vehicle" , "Large box" .)