Passing round drinks at home for example (8)
I believe the answer is:
elapsing
'passing' is the definition.
('elapse' can be a synonym of 'pass')
'round drinks at home for example' is the wordplay.
'round' indicates putting letters inside.
'drinks' becomes 'laps' (lapping is a kind of drinking**).
'at home' becomes 'in' ('in' can be similar in meaning to 'at home').
'for example' becomes 'eg' ('e.g.' can be a synonym of 'for example').
'laps'+'in'='lapsin'
'lapsin' going inside 'eg' is 'ELAPSING'.
(Another definition for elapsing that I've seen is " Passing, as time".)