The term 'has a banquet' can be summarized by the crossword solution 'DINES, ' which is a five-letter word. To dine means to eat a meal, usually in a formal or ceremonial setting. A banquet is a large and elaborate meal, often served at a special occasion such as a wedding or a celebration. Therefore, the phrase 'has a banquet' can be summarized as 'DINES, ' meaning to eat a large and elaborate meal in a formal or ceremonial setting.