Portion husband consumed in abstracted state (7)
I believe the answer is:
tranche
'portion' is the definition.
(I've seen this before)
'husband consumed in abstracted state' is the wordplay.
'husband' becomes 'h'.
'consumed in' indicates putting letters inside.
'abstracted state' becomes 'trance' (I've seen this before).
'h' inserted within 'trance' is 'TRANCHE'.
(Other definitions for tranche that I've seen before include "Portion of something, money perhaps" , "shares in single issue" , "instalment of shares" , "batch supplied" , "Portion, slice" .)