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funicular railway

noun
  1. a short, very steep railway having two parallel sets of tracks, upon each of which runs a car or train raised or lowered by means of a cable that simultaneously lowers or raises the other car or train in such a way that the two are approximately counterbalanced.
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Origin of funicular railway

First recorded in 1885–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018