A large, impressive Italian palace or mansion, often with grand architecture and historical significance.
From Italian 'palazzo,' which comes from Latin 'palatium.' The original was the Palatine Hill in Rome, where the Roman emperor Augustus had his residence, so the word became synonymous with grand buildings.
The Palazzo Ducale, Palazzo Pitti, and other famous Italian palazzos are so architecturally stunning that they've influenced how wealthy people build mansions all over the world—the word itself sounds so fancy that fashion labels use it to make clothes sound more elegant.
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