The crossword solution for the term 'TAKES CREDIT' is OWES. This term is used to describe a situation in which one person or entity is responsible for something and must accept the credit or blame for it. It is often used in business and financial contexts, such as when a company takes credit for a successful product launch or when an individual takes credit for a successful project. In other contexts, it can also be used to describe a situation in which one person or entity is responsible for something and must accept the consequences of their actions.