The term 'OF TIME GO BY' can be summarized by the crossword solution 'ELAPSE, ' which is a verb meaning to pass or move slowly, gradually, or steadily over a period of time. It is often used to describe the passing of time, such as the elapsing of days, weeks, months, or years. It can also be used to describe the gradual change of something over time, such as the elapsing of a person's life or the elapsing of a culture.