The term 'UMBRELLA COMPONENT' is composed of two words, the first being 'UMBRELLA' and the second being 'COMPONENT'. The crossword solution for the first word is 'RIB', which stands for a curved piece of metal or wood that forms the frame of an UMBRELLA. The COMPONENT part of the term refers to the individual parts that make up the whole of the UMBRELLA, such as the fabric, handle, and ribs. Together, these two words form the term 'UMBRELLA COMPONENT', which refers to the various parts that make up an UMBRELLA.