A pantyhose mishap is an unfortunate event that can occur when wearing pantyhose. It usually involves a TEAR in the fabric, which can be caused by a variety of factors such as snagging on something or stretching too much. The term 'pantyhose mishap' can also refer to other issues such as runs, ladders, and holes. In this case, the crossword solution for the term 'Pantyhose Mishap' is 'TEAR', which is a four letter word.