Final answer:
Hemostasis is the physiological process involving vascular spasm, platelet plug formation, and coagulation to control or stop bleeding, which is the correct term for this action.
Step-by-step explanation:
The term used to describe the control or stop of bleeding is hemostasis. This physiological process involves three basic steps necessary to cease bleeding: vascular spasm, formation of a platelet plug, and coagulation. Coagulation entails clotting factors promoting the formation of a fibrin clot, which eventually leads to the restoration of the integrity of the blood vessel. Hemorrhage is the condition of excessive bleeding where hemostasis is insufficient, often requiring medical intervention to correct. Anticoagulants are substances that can impede coagulation and are crucial for limiting clot extent and duration.