Confront fiascoes regularly (4)
I believe the answer is:
face
'confront' is the definition.
('face' can be a synonym of 'confront')
'fiascoes regularly' is the wordplay.
'regularly' means one should take alternating letters (regularly take one letter, leave next etc.).
The alternating letters of 'fiascoes' are 'FACE'.
(Other definitions for face that I've seen before include "Outward appearance" , "Come up against" , "celebrity" , "Front -- confront" , "Deal with" .)