Take credit is a phrase that refers to the act of claiming responsibility for something, usually something positive. The two crossword solutions for this phrase are 'BORROW' and 'owe'. To BORROW means to take something from someone else with the intention of returning it. Owe, on the other hand, means to be indebted to someone else for something they have given you. Therefore, when someone takes credit for something, they are essentially borrowing the credit from someone else and then owing them for it.