palace

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Concise Oxford English Dictionary © 2008 Oxford University Press:
palace/ˈpaləs/
noun a large, impressive building forming the official residence of a sovereign, president, etc.

informal a large, splendid house or establishment.

– origin ME: from OFr. paleis, from L. Palatium, the name of the Palatine hill in Rome, where the house of the emperor was situated.
'palace' also found in these Oxford entries:

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