funicular railway

noun
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.

Origin:
1885–90

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
Take the funicular railway up to the castle if you aren't in the mood for hiking.
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