The term 'MAGIC MOMENT' is a phrase used to describe a special moment that is filled with joy and wonder. It is often used to describe a moment of surprise or delight, such as when a child sees a magical creature or a person experiences a moment of pure joy. The four-letter crossword solution for this term is 'GLEE'. GLEE is an emotion of great happiness and joy, which is often associated with the feeling of a magic moment.