noun
good news; glad tidings
A somewhat formal or written word for welcome news, often used in announcements or letters.
合格の吉報が届いた。
The good news of passing the exam arrived.
吉報を待っている。
I am waiting for good news.
Compound of 吉 (kichi, 'good luck') and 報 (hō, 'report, news'), with rendaku voicing giving きっぽう.