Top Definition
'You're a Palazzo' has two meanings.
1. When a person believes everything on TV and the internet to be true, no matter how far off the planet it may seem.
2. When a person or persons are flamboyantly gay, and very drag queenish.
1. "I think i might fly to the moon for the weekend and enjoy a Wild Turkey". Said Tom.
"Bummer, i have ballet this weekend, can we go next weekend?" Said Jerry.
Tom Replies, "Mate, you're such a Palazzo".
2. Doing cartwheels and strutting around Priscilla Queen of the Desert style in the lounge room because you cant contain your excitement for "The Voice" all the while screaming out "I will survive" and doing high kicks in stilettos.
by The New Machines Crew June 17, 2013

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