adjective, palmier, palmiest.
glorious, prosperous, or flourishing: the palmy days of yesteryear.
abounding in or shaded with palms: palmy islands.

1595–1605; palm2 + -y1

1. bounteous, booming, halcyon, rosy. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
palmy (ˈpɑːmɪ)
adj , palmier, palmiest
1.  prosperous, flourishing, or luxurious: a palmy life
2.  covered with, relating to, or resembling palms: a palmy beach

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
These are palmy days for radio talk-show hosts, no doubt.
In the palmy days of jesters and fools, and of the grotesque in literature and art, the church was at its zenith.
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