The Collaborative International Dictionary
Placentalia \Plac`en*ta"li*a\, n. pl. [NL.] (Zo["o]l.) A division of Mammalia including those that have a placenta, or all the orders above the marsupials.
Mammalia \Mam*ma"li*a\, n. pl. [NL., from L. mammalis. See Mammal.] (Zo["o]l.) The highest class of Vertebrata. The young are nourished for a time by milk, or an analogous fluid, secreted by the mammary glands of the mother.
Note: Mammalia are divided into three subclasses; [1913 Webster] I. Placentalia. This subclass embraces all the higher orders, including man. In these the fetus is attached to the uterus by a placenta. [1913 Webster] II. Marsupialia. In these no placenta is formed, and the young, which are born at an early state of development, are carried for a time attached to the teats, and usually protected by a marsupial pouch. The opossum, kangaroo, wombat, and koala are examples. [1913 Webster] III. Monotremata. In this group, which includes the genera Echidna and Ornithorhynchus, the female lays large eggs resembling those of a bird or lizard, and the young, which are hatched like those of birds, are nourished by a watery secretion from the imperfectly developed mamm[ae].
Wikipedia
Placentalia ("Placentals") is one of the three extant subdivisions of the class of animals Mammalia; the other two are Monotremata and Marsupialia. The placentals are primarily distinguished from other mammals in that the fetus is carried in the uterus of its mother where it is nourished via a placenta, until the live birth of a fully developed offspring occurs.