Luxurious work university hired out (7)
I believe the answer is:
opulent
'luxurious' is the definition.
(I know that luxurious can be written as opulent)
'work university hired out' is the wordplay.
'work' becomes 'op' (abbreviation for opus).
'university' becomes 'u' (abbreviation for university).
'hired out' becomes 'lent' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'op'+'u'+'lent'='OPULENT'
Can you help me to learn more?
(Other definitions for opulent that I've seen before include "Ostentatiously costly and luxurious" , "Moneyed" , "Well-to-dp. affluent" , "Well-to-do or lavish" , "'Deluxe, luxurious (7)'" .)