Bird, one repeatedly around Lake (8)
I believe the answer is:
titicaca
'lake' is the definition.
(I've seen this before)
'bird one repeatedly' is the wordplay.
'bird' becomes 'tit' (tit is a kind of bird).
'one' becomes 'i' (Roman numeral).
'repeatedly' becomes 'caca' (I can't justify this - if you can you should give a lot more credence to this answer).
'tit'+'i'+'caca'='TITICACA'
'around' is the link.
Can you help me to learn more?
(Other definitions for titicaca that I've seen before include "Large lake on the Peru-Bolivia border" , "high water" , "Large Andean lake" , "Large lake bordering on Peru and Bolivia" , "high lake" .)