Geosynchronous orbit

Orbit keeping the satellite at a fixed longitude above the equator

A geosynchronous orbit (sometimes abbreviated GSO) is an Earth-centered orbit with an orbital period that matches Earth's rotation on its axis, 23 hours, 56 minutes, and 4 seconds (one sidereal day). The synchronization of rotation and orbital period means that, for an observer on Earth's surface, an object in geosynchronous orbit returns to exactly the same position in the sky after a period of one sidereal day. Over the course of a day, the object's position in the sky may remain still or trace out a path, typically in a figure-8 form, whose precise characteristics depend on the orbit's inclination and eccentricity.

From Wikipedia, under CC BY-SA. More on occurri.