Answer: eatsit

AnswerCrossword Clue
EATSITAbsorbs the loss
EATSITBites the dust?
EATSIT... up (consumes something eagerly).
EATSIT... up (devours greedily).
EATSITFalls flat on one's face
EATSITAbsorbs a loss
EATSITSuffers a bad defeat, in slang