Naked, we fancy, assuming adult's excited (8)
I believe the answer is:
awakened
'excited' is the definition.
Both the answer and definition are adjectives. Perhaps they are linked in a way I don't understand?
'naked we fancy assuming adult's' is the wordplay.
'fancy' indicates anagramming the letters.
'assuming' indicates putting letters inside (inserted letters are taken in or assumed).
'adult' becomes 'a' (abbreviation).
'naked'+'we'='nakedwe'
'nakedwe' is an anagram of 'awkened'.
'awkened' placed around 'a' is 'AWAKENED'.
Can you help me to learn more?
(Other definitions for awakened that I've seen before include "Aroused from sleep" , "stirred" , "Became conscious" , "Woke up" , "had stirring effect" .)