The term 'Wait for it...' is often used to indicate that something exciting or important is about to happen. The two crossword solutions for this term are TIP (3 letters) and DRUMROLLPLEASE (14 letters). TIP is an acronym for 'To Insure Promptness' and is often used in the context of tipping a waiter or waitress for good service. DRUMROLLPLEASE is a phrase used to indicate that something exciting is about to happen, usually accompanied by a drumroll sound effect.