The word planet means ‘wanderer’. This is because the planets do appear to wander listlessly across the night sky. The stars also move across the sky east to west but relative to each other, they appear fixed. The planets, on the other hand, seem to move relative to the fixed stars in backwards and forwards directions. This is why they were called Wanderers.
A planet is a large celestial body that revolves around the sun in fixed orbits. Planets do not have any light of their own but reflect the light of the sun. Planets also do not twinkle like stars because they are much closer to us. The earth is also a planet and is the only place we know in the universe which can harbor life.