a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
a chattering or flighty, light-headed person.
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
a stew of meat, vegetables, potatoes, etc.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
1920, first used in reference to the Baltic states, on the model of what had happened in the Balkans; said to have been coined by Eng. editor James Louis Garvin (1868-1947), but A.J. Toynbee (1922) credited it to "German Socialists" describing the results of the treaty of
Brest-Litovsk. Either way, the reference is to the political situation in the Balkans c.1878-1913, when the European section of the Ottoman Empire split up into small, warring nations. Balkanized and Balkanization both also are from 1920.