Terazije (Serbian: Теразијe) is the central town square and the surrounding neighborhood of Belgrade, the capital of Serbia. It is located in the municipality of Stari Grad.
Despite the fact that many Belgraders consider the Republic Square or Kalemegdan to be the city's centerpiece areas, Terazije is Belgrade's designated center. When street numbers are assigned to the streets of Belgrade, numeration begins from the part of the street closest to Terazije. Terazije itself is also a short street, connected by the King Milan Street, the main street in Belgrade, to the Slavija square, by the Nikola Pašić Square to the King Alexander Boulevard, the longest street in Belgrade, by Prizrenska street to the neighborhood of Zeleni Venac and further to Novi Beograd, and by the Kolarčeva street to the Square of the Republic.
Terazije literally means scales, more commonly known as "water balances" or "su terazisi" in Turkish. The meaning of Turkish word "su terazisi" needs to be explained fully because the English term "scales" does not seem to be adequate. Terazije is probably more related to the word "reservoir" connected to the ancient Roman aqueduct which existed before the Ottoman times. Perhaps Terazije is connected to a water distribution mechanism which existed here which lifted and distributed water further into the city. There is an underground natural and/or man made underground river in this area. "Water Balances" known as "su terazisi", were tower-like structures maintaining water pressure when conveying water to neighbourhoods at a high-level. Varying from 3 to 10 m in height, they had a cistern at the summit from which the water flowed into distribution pipes.