The term 'Hyperbola Parts' refers to the two distinct parts of a hyperbola, which is a type of conic section. The two parts are known as the arcs, which are four-letter words. The two arcs of a hyperbola are the upper and lower halves of the curve, which are symmetrical and have the same shape. The two arcs intersect at two points, known as the vertices, and the line connecting the two vertices is known as the major axis. The distance between the two vertices is known as the focal length.