/pan'i toh"nee/ ; It. /pah'net taw"ne/ , n. , pl. panettones /-neez/ , It. panettoni /-nee/ .
an Italian yeast-leavened bread, traditionally eaten on holidays, usually made with raisins, candied fruit peels, almonds, and brandy.
[ 1920-25; panetto little loaf, equiv. to pan ( e ) bread ( panis ) + -etto dim. suffix ]