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cephalochordate, any of more than two dozen species belonging to the subphylum Cephalochordata of the phylum Chordata. Small, fishlike marine invertebrates, they probably are the closest living relatives of the vertebrates. Cephalochordates and vertebrates have a hollow, dorsal nerve cord, pharyngeal gill slits, and a notochord. In most vertebrates, the embryonic notochord is eventually replaced by bony vertebrae or cartilaginous tissue; among cephalochordates, the notochord is retained into adulthood and is never replaced by vertebrae....