Crossword Genius

Merely look on as a useful thing to have available (5,2)

Ross

I believe the answer is:

stand by

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'have available' is the definition.
Although both the answer and definition are verbs in their base form, I don't understand how one could define the other.

'merely look on as a useful thing' is the wordplay.
I cannot really understand how this works, but
'a' could be 'an' and 'an' is present in the answer.
This explanation may well be incorrect...

'to' acts as a link.

Can you help me to learn more?

(Other definitions for stand by that I've seen before include "One ready to step in" , "the kind of passenger that may not get on with others" , "Item or person ready for use in emergency" , "One ready for emergency duty" , "last-minute ticket" .)

I've seen this clue in the Evening Standard.
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