The placenta has a somewhat discoidal form, with a slightly convex uterine surface and a concave embryonic surface. At its edge it is continuous both with the decidua reflexa and decidua vera. Near the centre of the embryonic surface is implanted the umbilical cord. As has already been mentioned, the placenta is formed of the decidua serotina and the foetal villi of the chorion frondosum. The foetal and maternal tissues are far more closely united (fig. 152) than in the forms described above. The villi of the chorion, which were originally comparatively simple, become more and more complicated, and assume an extremely arborescent form. Each of them contains a vein and an artery, which subdivide to enter the complicated ramifications; and are connected together by a rich anastomosis. The villi are formed mainly of connective tissue, but are covered by an epithelial layer generally believed to be derived from the subzonal membrane; but, as was first stated by Goodsir, and has since been more fully shewn by Ercolani and Turner, this epithelial layer is really a part of the cellular decidua serotina of the uterine wall, which has become adherent to the villi in the development of the placenta (fig. 161, _g_). The placenta is divided into a number of lobes, usually called cotyledons, by septa which pass towards the chorion. These septa, which belong to the serotina, lie between the arborescent villi of the chorion. The cotyledons themselves consist of a network of tissue permeated by large vascular spaces, formed by the dilatation of the maternal blood-vessels of the serotina, into which the ramifications of the foetal villi project. In these spaces they partly float freely, and partly are attached to delicate trabeculæ of the maternal tissue (fig. 161, _G_). They are, of course, separated from the maternal blood by the uterine epithelial layer before mentioned. The blood is brought to the maternal part of the placenta by spirally coiled arteries, which do not divide into capillaries, but open into the large blood-spaces already spoken of. From these spaces there pass off oblique utero-placental veins, which pierce the serotina, and form a system of large venous sinuses in the adjoining uterine wall (fig. 152, _F_), and eventually fall into the general uterine venous system. At birth the whole placenta, together with the fused decidua vera, and reflexa, with which it is continuous, is shed; and the blood-vessels thus ruptured are closed by the contraction of the uterine wall. [FIG. 152. SECTION OF THE HUMAN UTERUS AND PLACENTA AT THE THIRTIETH WEEK OF PREGNANCY. (From Huxley after Ecker.) _A._ umbilical cord; _B._ chorion; _C._ foetal villi separated by processes of the decidua serotina, _D_; _E_, _F_, _G_. walls of uterus.]