Step 1: Identify the landmarks named in the term. Cholecysto refers to the gall bladder fossa and caval refers to the groove for the inferior vena cava. Joining these two points draws a vertical plane through the liver. Step 2: This plane is the functional, or Cantlie, line. It does not follow the surface falciform ligament; instead it lies a little to the right of it on the upper surface. Step 3: The plane carves the liver into two physiologically distinct halves, each with its own portal pedicle and hepatic venous drainage, and these halves are about equal in size. Step 4: Hence the cholecystocaval line is the boundary between the functional right and left lobes of the liver. \[\boxed{\text{Right and Left liver lobe}}\]