Is there a way to use wildcards in the command line?

e.g. cp /system/wallpapers/*.lua /appdata/system/wallpapers/

I'd like to be able to hit the back-tick (`) and have a terminal window (/system/apps/terminal.lua) pop up (like the old Quake days...). Anyone know how to go about doing that? I'll be looking into it, but any clues would be appreciated!

Thanks in advance.