The term 'PARTY PREPS' can be broken down into two crossword solutions: SETUPS (6 letters) and PARTY (5 letters). SETUPS refers to the preparations that are made before a PARTY, such as decorating the venue, preparing food and drinks, and organizing activities. PARTY is a gathering of people for socializing, entertainment, or other purposes. PARTY preps involve making sure that all the necessary arrangements are in place for a successful event.