Well-being (7)
I believe the answer is:
welfare
'well-being' is the definition.
(I know that well-being can be written as welfare)
This is the entire clue.
(Other definitions for welfare that I've seen before include "Your well being, or help from the state" , "Well-being" , "Governmental provision of economic assistance" , "Social security" , "Contented state of health and happiness" .)