The Squeeze Edition is a Japanese laserdisc release for some movies.
It is literally an anamorphic LaserDisc release with the whole 1.33:1 formatted video being used, but stretched, as with Anarmophic Widescreen DVDs. So they need to be Squeezed to fit on the old format.
Only Japan had such releases.
There where two different squeeze LDs for Terminator 2,the first one had a not processed color timing, the second one has the known color timing.
I think on lddb.com you may find cover artwork images of both releases, because they did not share the same cover design.