Wildly taunt Red Guards caught short (9)

I believe the answer is:

truncated

I'm a little stuck... Click here to teach me more about this clue!

'wildly taunt red guards caught short' is the definition.
I can't judge whether this defines the answer.

'wildly taunt red guards caught short' is the wordplay.
'wildly' indicates anagramming the letters.
'guards' indicates putting letters inside (inserted letters are guarded).
'caught short' becomes 'c' (cricket abbreviation; 'short' indicates a short form).
'taunt'+'red'='tauntred'
'tauntred' anagrammed gives 'trunated'.
'trunated' placed around 'c' is 'TRUNCATED'.

Can you help me to learn more?

(Other definitions for truncated that I've seen before include "Lopped" , "Cut short" , "Attend cur with end or top cut off" .)

I've seen this clue in The Times.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.