Byzantium /bɪˈzæn.ti.əm/ noun3 •(historical) An ancient Greek city situated on the Bosporus in modern Turkey, renamed Constantinople in 330 C.E.; modern Istanbul. •(historical) An ancient Greek empire in Southeastern Europe and Western Asia, with its capital at Constantinople; in full, Byzantine Empire. •A dark shade of purple, close to Tyrian purple and palatinate purple.