Placed; found (7)
I believe the answer is:
located
I believe this clue is a double definition.
'placed' is the first definition.
(I know that placed can be written as located)
'found' is the second definition.
(locating is a kind of finding)
(Other definitions for located that I've seen before include "Pin-pointed" , "Settled -- cold tea (anag)" , "Found" , "Sited" , "Discovered where something was" .)