Ceremony, for my people embracing love (10)
I believe the answer is:
coronation
'ceremony' is the definition.
(coronation is a kind of ceremony)
'my people embracing love' is the wordplay.
'my' becomes 'cor' (I've seen this in other clues).
'people' becomes 'nation'.
'embracing' is an insertion indicator.
'love' becomes 'o' (In tennis, 'love' means 'zero').
'cor'+'nation'='cornation'
'cornation' placed around 'o' is 'CORONATION'.
'for' acts as a link.
(Other definitions for coronation that I've seen before include "Crowning" , "Ceremony of installing a monarch" , "Enthronement" , "street?" , "Royal ceremony of 1953" .)