/ Dictionary / Index P Panay: Meaning and Definition of Find definitions for: Pa•nay Pronunciation: (pä-nī'), [key] — n. an island in the central Philippines. 2,595,314; 4446 sq. mi. (11,515 sq. km). Cap.: Iloilo. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. Panathenaic pan-broil Related Content Daily Word Quiz: deleterious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language