Stay outside America, while away (7)
I believe the answer is:
suspend
'stay' is the definition.
(I've seen this before)
'outside america while away' is the wordplay.
'outside' is an insertion indicator.
'america' becomes 'us' (abbreviation for the United States).
'while away' becomes 'spend' (I've seen this before).
'us' placed into 'spend' is 'SUSPEND'.
(Other definitions for suspend that I've seen before include "Interrupt" , "Hang - discontinue" , "Remove temporarily from office - hang" , "Sends up (anag)" , "Bring to a temporary halt" .)