Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A large splendid residence or public building, such as a palace or museum.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A large, palatial urban building in Italy

from The Century Dictionary and Cyclopedia

  • n. In Italian cities, a palace or large dwelling-house; a building arranged for a single wealthy family. Many buildings of this class are of great size and cost, and therefore come to be rented in apartments.

Etymologies

Italian, from Latin Palātium, imperial residence; see palace.
(American Heritage® Dictionary of the English Language, Fourth Edition)
From Italian palazzo (Wiktionary)

Examples

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