The term 'THE ONE OVER HERE' can be broken down into four words, each with four letters. The first word is 'THE', which is a definite article used to refer to a specific person, place, or thing. The second word is 'ONE', which is a pronoun used to refer to a single person or thing. The third word is 'OVER', which is a preposition used to indicate a position above or higher than something else. The fourth and final word is 'HERE', which is an adverb used to indicate the place where someone or something is located. Together, these four words form a phrase that is used to refer to a particular person or thing in a given context.