Live with women in small valley (5)
I believe the answer is:
dwell
'live' is the definition.
(synonyms)
'women in small valley' is the wordplay.
'women' becomes 'w'.
'in' means one lot of letters goes inside another.
'small valley' becomes 'dell' (I've seen this before).
'w' going into 'dell' is 'DWELL'.
'with' acts as a link.
(Other definitions for dwell that I've seen before include "Live (in a place)" , "Remain" , "stay" , "Hang out" , "Inhabit" .)