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Parallel lines are two or more lines in a plane that never intersect. They have the same slope but different y-intercepts.
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Slope: The measure of steepness or incline of a line, typically represented as 'm' in the equation $y = mx + b$.
Y-Intercept: The point where a line crosses the y-axis, represented as 'b' in the equation $y = mx + b$.
Perpendicular Lines: Two lines that intersect at a right angle (90 degrees). Their slopes are negative reciprocals of each other.