Husband in respectable position (5)
I believe the answer is:
niche
'position' is the definition.
(I know that niche is a type of place)
'husband in respectable' is the wordplay.
'husband' becomes 'h'.
'in' indicates putting letters inside.
'respectable' becomes 'nice' (similar in meaning).
'h' going inside 'nice' is 'NICHE'.
(Other definitions for niche that I've seen before include "Shallow recess in a wall" , "Suitable position (in market, life etc)" , "ideal position" , "comfortable situation" , "Nook, cranny" .)