What is meant by the term osmoregulation?

Explanation

**Step-by-Step Text Solution:**

1. **Definition of Osmoregulation**: Osmoregulation refers to the process by which an organism regulates its internal water balance and maintains homeostasis.

2. **Importance of Water Balance**: This process is crucial for maintaining the fluid balance within the body, which is essential for the proper functioning of cells and organs.

3. **Functions of Osmoregulation**:
- **Controlling Water Loss or Gain**: Osmoregulation involves mechanisms that control how much water is lost or gained by the organism.
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