Past tense of replace; to put something new in the place of something old, or to take someone's position.
From Old French 'replacer,' composed of 're-' meaning 'again' and 'placer' meaning 'to place,' from Latin 'placere.' Literally means 'to place again.'
The prefix 're-' appears in hundreds of words meaning 'to do again,' but 'replaced' is different—you're not doing it again, you're putting something NEW in the old spot. It shows how 're-' can mean 'in return' or 'in response to' rather than always 'again.'
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