It spins on an axis (4)

I believe the answer is:

reel

(Other definitions for reel that I've seen before include "Fishing rod attachment" , "Lively dance and angler's spool" , "Photographer's and anglers spool" , "Move unsteadily (like a Scottish dancer?)" , "Something to fish with" .)

I've seen this clue in the Newsday.

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