The term 'PRACTICES FOR A PRIZE FIGHT' can be summarized as the activities undertaken by a boxer to prepare for a professional boxing match. The crossword solution for this term is SPARS, which stands for Strength, Power, Agility, Reaction, and Speed. These are all physical attributes that a boxer must possess in order to be successful in a prize fight. Strength and power are necessary to deliver powerful punches, agility is needed to move quickly and dodge punches, reaction time is important to respond to an opponent's movements, and speed is essential to land punches before the opponent can react.