The term 'SQUEEZE-DRY' is a combination of two words, 'SQUEEZE' and 'DRY'. Squeezing is the act of applying pressure to an object or material in order to extract liquid from it. The word 'DRY' refers to the absence of moisture. Therefore, the term 'SQUEEZE-DRY' means to apply pressure to an object or material in order to remove all moisture from it. The crossword solution for this term is 'WRING', which is the act of twisting or squeezing something in order to extract liquid from it.