The term 'VENERATED ONE' can be broken down into four crossword solutions: ICON, ELDER, SAINT, and IDOL. An ICON is a symbol or image that is widely recognized and often held in high esteem. An ELDER is an older person who is respected for their wisdom and experience. A SAINT is a person who is venerated for their holiness and piety. An IDOL is someone who is adored and admired by many people. All of these terms refer to someone who is held in high regard and is seen as a role model.