say it: BAL-kuh-nee
balcony is a noun meaning "an upper floor projecting from the rear over the main floor in an auditorium". It carries 2 recorded senses.
an upper floor projecting from the rear over the main floor in an auditorium
a platform projecting from the wall of a building and surrounded by a balustrade or railing or parapet
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for balcony come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.