In anatomy, the round ligament of (the) liver (also commonly known by its Latin name, ligamentum teres - or more specifically ligamentum teres hepatis) is a degenerative string of tissue that exists in the free edge of the falciform ligament of the liver. Anatomically, the round ligament divides the left part of the liver into medial and lateral sections. In adult-hood, small paraumbilical veins remain in the substance of the ligament. These act as an important portacaval anastomosis in severe portal hypertension, resulting in a caput medusae presentation.