Hole caused by credit taking in charge (6)
I believe the answer is:
crater
'hole' is the definition.
(thesaurus)
'credit taking in charge' is the wordplay.
'credit' becomes 'cr'.
'taking in' means one lot of letters goes inside another.
'charge' becomes 'rate' (rate is a kind of charge**).
'cr' enclosing 'rate' is 'CRATER'.
'caused by' acts as a link.
(Other definitions for crater that I've seen before include "Hole left by explosion" , "big hole" , "Bowl-shaped opening" , "Bowl-shaped hole in the ground" , "Hole formed by impact or explosion" .)