The term 'Wheel of Fortune Action' refers to the two actions that are taken during the game show Wheel of Fortune. The first action is 'respin, ' which is a six-letter word meaning to SPIN the wheel again. This action is taken when a contestant lands on a bankrupt or lose a turn space. The second action is 'SPIN, ' which is a four-letter word meaning to rotate the wheel in order to determine the value of a particular letter or phrase. This action is taken when a contestant guesses a letter or phrase correctly. Both of these actions are integral to the game show and help to make it exciting and unpredictable.