Happy and relaxed after a record rise (7)
I believe the answer is:
pleased
'happy' is the definition.
(similar in meaning)
'relaxed after a record rise' is the wordplay.
'relaxed' becomes 'eased' (I've seen this before).
'after' is a charade indicator (letters next to each other).
'a record' becomes 'lp' (L-P is an example).
'rise' says the letters should be written backwards.
'lp' backwards is 'pl'.
'eased' after 'pl' is 'PLEASED'.
'and' acts as a link.
(Other definitions for pleased that I've seen before include "Feeling satisfaction" , "Grateful, delighted" , "Glad" , "Happy, satisfied" , "Gratified" .)