Crossword Genius

Walking style around rear of the yard offering a lot of fun (6)

Ross

I believe the answer is:

gaiety

I'm a little stuck... Click here to teach me more about this clue!

'a lot of fun' is the definition.
I can't tell whether this definition defines the answer.

'walking style around rear of the yard' is the wordplay.
'walking style' becomes 'gait' (I've seen this in another clue).
'around' means one lot of letters goes inside another.
'rear of' indicates one should take the final letters.
'yard' becomes 'y' (abbreviation).
The last letter of 'the' is 'e'.
'gait' placed around 'e' is 'gaiet'.
'gaiet'+'y'='GAIETY'

'offering' acts as a link.

Can you help me to learn more?

(Other definitions for gaiety that I've seen before include "Merrymaking, festivity" , "Light hearted state" , "Good humour" , "Jollity, merriment" , "Festive merry feeling" .)

I've seen this clue in The Independent.
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