[In 2006,] the IAU (International Astronomical Union) ... resolved that planets and other bodies in the Solar System be defined into three distinct categories in the following way —
(1) A planet is a celestial body that (a) is in orbit around the Sun, (b) has sufficient mass for its self-gravity to overcome rigid body forces so that it assumes a hydrostatic equilibrium (nearly round) shape, and (c) has cleared the neighbourhood around its orbit.
(2) A "dwarf planet" is a celestial body that (a) is in orbit around the Sun, (b) has sufficient mass for its self-gravity to overcome rigid body forces so that it assumes a hydrostatic equilibrium (nearly round) shape, (c) has not cleared the neighbourhood around its orbit, and (d) is not a satellite.
(3) All other objects orbiting the Sun shall be referred to collectively as "Small Solar System Bodies".
[1] The eight planets are: Mercury, Venus, Earth, Mars, Jupiter, Saturn, Uranus, and Neptune.
[2] An IAU process will be established to assign borderline objects into either dwarf planet and other categories.
[3] These currently include most of the Solar System asteroids, most Trans-Neptunian Objects (TNOs), comets, and other small bodies.