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A hyperlink is an internet term that refers to a word or phrase which has been linked to another internet page somewhere else. Such a page can be on the site you are on, or a completely different site.
The term for the address of a website or page on the internet is URL. URL is the acronym for Uniform Resource Locator which is used to specify addresses on the World Wide Web.

Hyperlinks are usually underlined in a different color:

Clicking on a hyperlink will take you to the linked page.

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