The term 'GRAB THE PHONE' is a phrase that is used to indicate that someone should ANSWER the phone quickly. It is often used in situations where the person answering the phone needs to be prepared for an important call or conversation. The crossword solutions for this term are 'ANSWER, ' which is a six-letter word that means to respond to a question or request. This term is often used in the context of answering the phone, as it implies that the person should be ready to respond to the caller.