Crossword Genius

Biden's example of capacity to engage old loaf (6)

Ross

I believe the answer is:

loiter

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'loaf' is the definition.
(I know that loaf can be written as loiter)

I cannot understand how the remainder of the clue works.

Can you help me to learn more?

(Other definitions for loiter that I've seen before include "Hang around, lurk" , "Hang around, perhaps with intent" , "Wait suspiciously" , "Skulk" , "Stand around idly" .)

I've seen this clue in The Independent.
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