Crossword Genius

One terribly old object that's venerated (4)

Ross

I believe the answer is:

idol

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'object that's venerated' is the definition.
I can't tell whether this definition defines the answer.

'one terribly old' is the wordplay.
'one' becomes 'i' (Roman numeral).
'terribly' indicates anagramming the letters.
'old' with letters rearranged gives 'dol'.
'i'+'dol'='IDOL'

Can you help me to learn more?

(Other definitions for idol that I've seen before include "Hero of screen or stage" , "Honoured figure" , "pop star" , "'Worshipped object, admired person (4)'" , "loved one" .)

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