NOUN (1)

1. a native or inhabitant of Paraguay;


ADJECTIVE (1)

1. of or relating to or characteristic of Paraguay or its people;

The Collaborative International Dictionary of English v.0.48:

Paraguayan \Par`a*guay"an\, a.
   Of or pertaining to Paraguay. -- n. A native or inhabitant of
   Paraguay.
   [1913 Webster]

WordNet (r) 3.0 (2006):

Paraguayan
    adj 1: of or relating to or characteristic of Paraguay or its
           people
    n 1: a native or inhabitant of Paraguay