We lark around with a dog excerciser (6)
I believe the answer is:
walker
'a dog excerciser' is the definition.
I can't judge whether this defines the answer.
'we lark around' is the wordplay.
'around' indicates anagramming the letters.
'we'+'lark'='welark'
'welark' is an anagram of 'WALKER'.
'with' acts as a link.
Can you help me to learn more?
(Other definitions for walker that I've seen before include "Rambler" , "Pedestrian" , "One going on foot" .)