Stand about on street (4)
I believe the answer is:
rest
'stand' is the definition.
(thesaurus)
'on street' is the wordplay.
'on' becomes 're' ('on' can be mean 'with reference to').
'street' becomes 'st'.
're'+'st'='REST'
'about' acts as a link.
(Other definitions for rest that I've seen before include "Lie down" , "idle" , "'''God ... ye, merry gentlemen'' (carol) (4)'" , "lean" , "Repose, others" .)