Placeholder text is a type of dummy text used in design and publishing to fill a space where actual content will eventually go. It helps designers visualize how a layout will look without needing the final text. A common example of placeholder text is Lorem Ipsum, a scrambled version of Latin that has been used for centuries. Using placeholder text allows designers and clients to focus on the overall design elements, such as fonts, colors, and spacing, without getting distracted by the content itself. Once the design is finalized, the placeholder text can be replaced with the real content, ensuring a smooth transition from concept to completion.