Position or situation (8)
I believe the answer is:
location
I believe this clue is a double definition.
'position' is the first definition.
(I know that position can be written as location)
'situation' is the second definition.
(I've seen this before)
(Other definitions for location that I've seen before include "Place, site" , "Place, position" , "Position or situation" , "Site of film production away from studio" , "Particular place" .)