Live with wife in small wooded hollow (5)
I believe the answer is:
dwell
'live' is the definition.
(I know that live can be written as dwell)
'wife in small wooded hollow' is the wordplay.
'wife' becomes 'w'.
'in' is an insertion indicator.
'small wooded hollow' becomes 'dell' (I've seen this in another clue).
'w' put into 'dell' is 'DWELL'.
'with' acts as a link.
(Other definitions for dwell that I've seen before include "Live (in a place)" , "Reside - linger" , "Exist (within)" , "Think moodily (on something)" , "Harp" .)