Slum
An urban settlement in which, according to the UN, over 50% of inhabitants lack one or more fundamental rights, e.g. durable housing or access to sanitation. Areas of slum housing built from waste materials are called shanty towns, and if they are illegally occupying land, squatter settlements
Megacity
An urban area with a population of over 8 million
World city
A city with major economic and political power, e.g. New York