The crossword solution for the term 'BAA, BAA, BLACK SHEEP FIGURE' is 'DAME', a four-letter word. A DAME is a title of honor given to a woman of high social rank or merit, especially in Britain. It is the female equivalent of a knight and is usually awarded by the Queen. The phrase 'Baa, Baa, Black Sheep' is a popular nursery rhyme that has been around since the 18th century. The figure in the rhyme is a DAME, which is why it is used as a clue in this crossword puzzle.