An overused phrase intended to add a level of
sarcastic suspense to a ― usually pointless ― event. Usually repeated at least twice in addition to dragging the
words; especially "it" (waaiitt for itttt.... waaiitt for itttt....).
It used to be somewhat funny the first or second
time you heard it. But anymore, there seems to be an abundance of people going out of there way to try to fit it in to their conversation, even when it doesn't
fit. All of a sudden someone in the conversation
will start saying, "wait for it... wait for it...," and you know it didn't belong in the conversation; they just wanted to use the phrase.
If you are going to use this phrase ― along with wearing a trucker
hat and Heelies ― AT LEAST wait for a time in the conversation when it actually applies and is appropriate.
You and your friend are
waiting for a call back from a hot girl from school.
You> When is she going to call?
Friend> Wait for it... wait for it...
Phone> *rings* ring ring ring ring ring... banana
phone... *rings*