Planetoid is another term for asteroids, which are also called minor planets. Planetoids are small celestial bodies that orbit the Sun. Planets are simply defined as asteroids, but the term asteroid is not well defined either. ... Some of the largest planetoids are spherical and look like tiny versions of planets.
Why are asteroids not considered planets?
Asteroids were not considered planets because they are too small and numerous. Likewise, comets were not considered planets because they are too small and have noncircular orbits that go far outside the plane of the solar system (location of Earth, Jupiter, Saturn, and the other “real” planets).
Why Pluto is no longer considered a planet?
Answer. The International Astronomical Union (IAU) downgraded the status of Pluto to that of a dwarf planet because it did not meet the three criteria the IAU uses to define a full-sized planet. Essentially Pluto meets all the criteria except one—it “has not cleared its neighboring region of other objects.”