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semiperimeter

n. (context mathematics English) half the length of a perimeter.

Wikipedia
Semiperimeter

In geometry, the semiperimeter of a polygon is half its perimeter. Although it has such a simple derivation from the perimeter, the semiperimeter appears frequently enough in formulas for triangles and other figures that it is given a separate name. When the semiperimeter occurs as part of a formula, it is typically denoted by the letter s.