Zero money restricting University lecturer’s wealth (8)
I believe the answer is:
opulence
'wealth' is the definition.
(I know that opulence is a type of wealth)
'zero money restricting university lecturer's' is the wordplay.
'zero' becomes 'O' (O resembles 0).
'money' becomes 'pence' (I've seen this before).
'restricting' is an insertion indicator.
'university' becomes 'u' (abbreviation for university).
'lecturer' becomes 'l' (abbreviation for lecturer).
'u'+'l'='ul'
'pence' going around 'ul' is 'pulence'.
'o'+'pulence'='OPULENCE'
(Other definitions for opulence that I've seen before include "State of affluence or richness" , "Open clue? (anag)" , "wealth is manifest" , "Luxury, sumptuousness" , "Ostentatious wealth" .)