noun
military review; troop review; military parade
A formal ceremony where troops are inspected and march past, often held on national holidays or special occasions.
建国記念日には大規模な閲兵式が行われる。
A large-scale military parade is held on National Foundation Day.
Compound of 閲 (inspect) + 兵 (soldiers) + 式 (ceremony). The reading えっぺいしき reflects a regular sound change from えつへいしき.