The crossword solution for the term 'IT MAY TAKE A LICKING' is 'STAMP'. A STAMP is a small piece of paper or adhesive that is used to indicate payment of a tax or fee, or to show that an official document has been received. It is also used to indicate ownership of a document or item, or to show that a document has been approved. Stamps are often used to send letters and packages, and can be used to decorate items such as cards and scrapbooks.