European inclined to purchase grand chic (7)
I believe the answer is:
elegant
'chic' is the definition.
(I've seen this before)
'european inclined to purchase grand' is the wordplay.
'european' becomes 'E' (abbreviation e.g. EU).
'inclined' becomes 'leant' (I've seen this before).
'to purchase' means one lot of letters goes inside another.
'grand' becomes 'g' (G is short for grand as in a thousand).
'leant' placed around 'g' is 'legant'.
'e'+'legant'='ELEGANT'
(Other definitions for elegant that I've seen before include "Chic; smart" , "Well-dressed" , "A gentle way to be stylish" , "Debonair, stylishly dressed" , "Graceful - refined" .)