Answer
A cord is called an "ideal cord" when we can assume that the cord does not stretch and it has a mass of zero.
A pulley is called an "ideal pulley" when we can assume that the pulley has no friction and it has a mass of zero.
Work Step by Step
A cord is called an "ideal cord" when we can assume that the cord does not stretch and it has a mass of zero. This simplifies physics questions as we don't need to consider the mass of the cord or any effects of the cord when solving the question.
Similarly, a pulley is called an "ideal pulley" when we can assume that the pulley has no friction and it has a mass of zero. This simplifies physics questions as we don't need to consider the mass of the pulley or any effects of the pulley when solving the question.