Dictionary
fair'y tale"
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. Also called
fair'y sto"ry. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.