Lofts stripped frequently (3)
I believe the answer is:
oft
'frequently' is the definition.
(synonyms)
'lofts stripped' is the wordplay.
'stripped' means to look at the middle letters.
The middle letters of 'lofts' are 'OFT'.
(Other definitions for oft that I've seen before include "Frequently in archaic term" , "Many times, of old" , "time and again in literature" , "Frequently, in verse" , "Old song'... in the stilly night'" .)