Universal Algebra
A colimit is a universal construction in category theory that generalizes the notion of a limit, providing a way to 'combine' objects and morphisms from a diagram into a single object. It serves as a way to formalize the idea of taking a 'union' or 'coalescence' of various structures, where the resulting object captures essential features of the individual components while also respecting their relationships. Colimits can be seen as duals to limits and play an essential role in understanding how categories behave under various constructions.
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