markiza

1. (shelter over entrance, window) awning; canopy
   Sklonili smo se od kiše ispod markize. — We took shelter from the rain under the awning.
   Kafić je postavio novu markizu iznad bašte. — The café put up a new awning over its terrace.
2. (noble title) marchioness; marquise
   Markiza je stigla na bal sa svojim mužem. — The marchioness arrived at the ball with her husband.

For an awning the usual Serbian word is tenda; markiza in this sense is mostly trade or Croatian usage.