What is meant by the term osmoregulation?

Explanation

**Step-by-Step Solution:**

1. **Definition of Osmoregulation**:
- Osmoregulation refers to the physiological process by which animals regulate the balance of water and electrolytes in their bodies. This process is crucial for maintaining homeostasis, which is the stable internal environment of an organism.

2. **Importance of Osmoregulation**:
- It helps maintain the proper concentration of body fluids, ensuring that cells function optimally. This includes regulating water balance and electrolyte levels, which are essential for various bodily functions.

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