Late change in a story (4)
I believe the answer is:
tale
'story' is the definition.
(synonyms)
'late change' is the wordplay.
'change' indicates anagramming the letters.
'late' with letters rearranged gives 'TALE'.
'in a' acts as a link.
(Other definitions for tale that I've seen before include "Report" , "An account of incidents or events" , "Fable" , "Story or anecdote" , "Late with a story" .)