Definitions for "GEOSTATIONARY SATELLITE"
satellite whose orbit around the equator equals that of the Earth's rotation, making it possible for them to view the same disc of Earth's surface below continuously
A satellite positioned approximately 35,700 km above the earthâ€(tm)s equator. At this altitude the satellite orbits as fast as the earth rotates on its axis, so it remains effectively stationary above a point on the earth. Satellite-based differential correction satellites are geostationary.
A satellite that orbits the Earth at the same speed as the Earth rotates. This means that it stays in the same position relative to the Earth's surface.