He is taking the L for his mistake.

The leave-takings at the airport were emotional.

She is taking after her mother in terms of her artistic talent.

He is taking aloft the flag.

She is taking the plunge and starting her own business.

The project is finally taking shape.

The birds are taking flight.

She is taking a flutter on the stock market.

He is taking the studs off his shoes.

He is always taking the mick out of his friends.