The term 'SPIN OR REEL' can be summarized by the crossword solution 'WHIRL, ' which is a five-letter word. The term 'WHIRL' is often used to describe a spinning or revolving motion, which is what is meant by the term 'SPIN OR REEL.' This term is commonly used in the context of fishing, where it refers to the act of casting a line into the water and then reeling it back in. It can also be used to describe the motion of a spinning top or other object.