Algebraically speaking, what's the name of this property?:
$x * x = y * y \implies x = y$
$*$ being a binary operation
Not a full answer...
Define the function $f(x)= x * x$
Then your property is equivalent to $f(x)=f(y) \Rightarrow x=y$
I think that this means that $f(x)$ must be a one-to-one function.
Anyone care to extend / argue?
I would simply say that the operation "$*$" admits uniqueness of square roots.
Just to be clear, following up the comment of Marc van Leeuwen (thanks!), if an element admits a square root, this is unique.
The operation defines an injective squaring operation.
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Not a full answer...
Define the function $f(x)= x * x$
Then your property is equivalent to $f(x)=f(y) \Rightarrow x=y$
I think that this means that $f(x)$ must be a one-to-one function.
Anyone care to extend / argue?