Placer

/ˈpleɪsər/

Meaning & Definition

noun

A person or entity that places something.

The placer of the order confirmed the details with the supplier.

A mineral deposit concentrated by the action of water, often associated with gold or precious stones.

The miners found a rich placer in the riverbed, filled with gold nuggets.

Derived from the Middle French 'placer' meaning 'to place'.

placer gold

Gold found in riverbeds or sandbanks, which is easily extracted.

placer mining

The process of extracting valuable minerals from placer deposits.

placer claim

A legal claim on a location where placers are found.

deposit

A quantity of mineral resources found in a specific location.

miner

A person who works in a mine to extract minerals.

depositing

The act of placing something in a specific location.

A guy who finds great spots or opportunities.

That dude is such a placer when it comes to finding good deals.