The term 'PALM MADAGASCAR' is a combination of two words, 'PALM' and 'MADAGASCAR'. PALM refers to any of the various species of trees in the family Arecaceae, which are found in tropical and subtropical climates. MADAGASCAR is an island nation located off the southeastern coast of Africa in the Indian Ocean. The crossword solution for this term is 'Raffia', which is a type of fiber derived from the leaves of certain species of PALM trees native to MADAGASCAR. Raffia is used for a variety of purposes, including weaving baskets, making rope, and creating decorative items.