palace UK /ˈpælɪs/US /ˈpæləs/noun 3verb 1forms 3phrases 2 noun3 •a building where a king, a queen, a president or another important person officially lives •A large and lavishly ornate residence.On Madame de Mercoeur's arrival at the palace she found the carriage and guards in waiting, the Queen having decided that she would do her niece the honour of going to meet her. — 1834 •A large, ornate public building used for entertainment or exhibitions. verb1 •(no longer used) To decorate or ornate.And this Great King was a far-way, tremendous, golden figure, moving in a splendor as of fairy tales; palaced marvelously, so travelers told, in cities compared with which even Athens seemed mean. — 1921 formspalaced · palacing · palaces Phrases with palace palace intrigueA situation in which powerful individuals within an organization are working against each other. palace politicsThe relationships and interactions of top-level officials, advisors and other powerbrokers within a government, especially as involving internal rivalry and intrigue.