Standing stone stops e.g. pier collapsing (8)
I believe the answer is:
prestige
'standing' is the definition.
(prestige is a kind of standing)
'stone stops e g pier collapsing' is the wordplay.
'stone' becomes 'st' ().
'stops' is an insertion indicator.
'collapsing' indicates anagramming the letters.
'e'+'g'+'pier'='egpier'
'egpier' is an anagram of 'preige'.
'st' placed inside 'preige' is 'PRESTIGE'.
(Other definitions for prestige that I've seen before include "Widespread respect for high quality" , "High repute" , "[GLAMOUR]" , "Highly-regarded" , "Kudos" .)