Web directory

Directory of Internet sites, or a directory of Internet resources, or simply Web catalog (English web directory), - a structured set of links to sites with a brief description. Sites within the directory are divided by subject, and within those can be ranked or by citation index (as in catalogs Yandex and Google), or by date, or alphabetically, or by other parameters. This is one of the oldest services on the Internet. The vast majority of resources have attendance ratings classifier sites, but the ranking is always based on site traffic. Depending on the breadth of subject directories links can be general and specialized (thematic).

http://ru.wikipedia.org/wiki/Каталог_ссылок

Hyperlink

Hyperlink (English hyperreference) in computer terms - part of a hypertext document that refers to another element (command, text, title, note, image) in the document itself to another object (file, directory, annex), located on the local computer or computer network, or on elements of the object.

in HTML-documents by default text links highlighted in blue when you hover the mouse over them in the browser window changes, such as changing the color or underlined.

http://ru.wikipedia.org/wiki/Гиперссылка

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