fairy-tale

noun

1. a story, usually for children, about elves, hobgoblins, dragons, fairies, or other magical creatures.
2. an incredible or misleading statement, account, or belief: His story of being a millionaire is just a fairy tale.

adjective

1. of or relating to a fairy tale
2. resembling a fairy tale, esp in being extremely happy or fortunatea true story with a fairy-tale ending
3. highly improbablehe came out with a fairy-tale account of his achievements

noun

1. a story about fairies or other mythical or magical beings, esp one of traditional origin told to children
2. a highly improbable account

n.

“oral narrative centered on magical tests, quests, and transformations,” 1749, translating French Conte de feés of Madame d’Aulnois (1698, translated into English 1699). As an adjective (also fairytale), attested by 1963.