The term "periphery" refers to the outer limits or edge of an area or object. In geography, it often describes regions that are situated away from the center of a city or country, which may have less economic development or fewer resources compared to urban centers. In a broader context, "periphery" can also relate to social and political dynamics, where marginalized groups or areas are considered outside the main power structures. This concept is often discussed in relation to globalization, economics, and sociology, highlighting the disparities between central and peripheral regions or communities.