Nude in an exotic act or show (7)
I believe the answer is:
cabaret
'show' is the definition.
(I've seen this before)
'nude in an exotic act' is the wordplay.
'nude' becomes 'bare' (I've seen this before).
'in' is an insertion indicator.
'an exotic' indicates anagramming the letters.
'act' is an anagram of 'cat'.
'bare' placed into 'cat' is 'CABARET'.
'or' is the link.
(Other definitions for cabaret that I've seen before include "Series of acts" , "Entertainment at restaurant" , "Bear cat (anag.)" , "Floor show for Arab etc" , "Nightclub entertainment, floor show" .)