The term 'let out, in a way' can be solved by three different seven-letter words: 'paroled', 'exhaled', and 'PAROLE'. 'Paroled' is a verb meaning to release a prisoner from jail after they have served part of their sentence. 'Exhaled' is a verb meaning to breathe out air from the lungs. Lastly, 'PAROLE' is a noun referring to the conditional release of a prisoner before the completion of their sentence.