Intended to welcome new money (7)
I believe the answer is:
finance
'money' is the definition.
(thesaurus)
'intended to welcome new' is the wordplay.
'intended' becomes 'fiance' (I've seen this before).
'to welcome' indicates putting letters inside (in sense of 'inviting in').
'new' becomes 'n'.
'fiance' enclosing 'n' is 'FINANCE'.
(Other definitions for finance that I've seen before include "Supporting rhino" , "Money matters" , "Public money" , "funding" , "See 9" .)