fotelja

1. armchair
   Deda je zaspao u fotelji ispred televizora. — Grandpa fell asleep in the armchair in front of the TV.
   Kupili smo novu fotelju za dnevnu sobu. — We bought a new armchair for the living room.
2. colloq. derog. (in politics) seat of power; top post
   Političari se bore samo za fotelje. — Politicians only fight for top posts.
   Ne želi da se odrekne fotelje. — He doesn't want to give up his post.

In the figurative sense the word is usually disapproving or ironic, implying attachment to power and its privileges.