Spoils child, putting in love and time (5)
I believe the answer is:
booty
'spoils' is the definition.
(I've seen this before)
'child putting in love and time' is the wordplay.
'child' becomes 'boy' ('boy' can be a synonym of 'child'**).
'putting in' means one lot of letters goes inside another.
'love' becomes 'o' (In tennis, 'love' means 'zero').
'and' is a charade indicator (letters next to each other).
'time' becomes 't'.
'o'+'t'='ot'
'boy' placed around 'ot' is 'BOOTY'.
(Other definitions for booty that I've seen before include "Money holder" , "Valuable stolen goods" , "Swag" , "Spoils" , "Spoil - plunder" .)