Definition from Wiktionary, the free dictionary
Audio (US) (file)
placement (plural placements)
- The act of placing or putting in place; the act of locating or positioning; the state of being placed.
- A location or position.
- It seems to me that the placement of that post could be better.
- The act of matching a person with a job
- The agency does not guarantee placement, but they work on commission.
Derived terms 
the act of placing or putting in place
a location or position