Elegance shown by good people (5)
I believe the answer is:
grace
'elegance' is the definition.
(thesaurus)
'shown by good people' is the wordplay.
'shown by' means one lot of letters go next to another.
'good' becomes 'g' (abbreviation).
'people' becomes 'race' (**).
'g' next to 'race' is 'GRACE'.
(Other definitions for grace that I've seen before include "cricketing great" , "A girl" , "Elegance of movement" , "'Amazing - - '" , "Elegance; girl's name" .)