The term 'Important People' can refer to two different crossword solutions: 'Somebodies' (10 letters) and 'NOTABLES' (8 letters). Both words refer to people who are well-known or have achieved a certain level of fame or notoriety. 'Somebodies' is a more general term that can refer to anyone who is important or noteworthy, while 'NOTABLES' typically refers to people who are famous or influential in a particular field or area of expertise.