The term 'LATE SHOW FEATURE' can be summarized by two crossword solutions: RERUN (5 letters) and ALIBI (5 letters). A RERUN is a broadcast of a television program that has already been aired, while an ALIBI is an excuse or explanation used to avoid blame or provide an alternative explanation for an event. Both of these terms are often featured in late night television shows, such as talk shows and comedy programs.