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President Woods, a golfer, lost final standing (8)

Ross

I believe the answer is:

prestige

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'standing' is the definition.
(prestige is a kind of standing)

I can't explain the remainder of the clue.

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(Other definitions for prestige that I've seen before include "[GLAMOUR]" , "Distinction or high reputation" , "Standing in the community, status" , "Widespread respect for high quality" , "Highly-regarded" .)

I've seen this clue in the Sydney Morning Herald.
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