The term 'Something Outstanding' can be broken down into two crossword solutions: DEBT (4 letters) and CATSMEOW (8 letters). DEBT is a noun that refers to money owed by one person or entity to another. CATSMEOW is an onomatopoeia, which is a word that imitates the sound it represents. In this case, it is the sound a cat makes when meowing. Together, these two words can be interpreted as something that is owed being outstanding, or not yet paid.