Standing stone American tours regularly (6)
I believe the answer is:
status
'standing' is the definition.
(I've seen this before)
'stone american tours regularly' is the wordplay.
'stone' becomes 'st'.
'american' becomes 'a' (common abbreviation - e.g. in organisation names).
'regularly' indicates alternate letters (regularly take one letter, leave next etc.).
The alternate letters of 'tours' are 'tus'.
'st'+'a'+'tus'='STATUS'
(Other definitions for status that I've seen before include "degree" , "Social ranking" , "High rank or prestige" , "Social or professional standing" , "Place in society" .)