Definition

A story with magical elements typically featuring princesses, dragons, and improbable happy endings, originally designed to entertain children and occasionally traumatize them. In modern usage, it's deployed sarcastically to dismiss something as unrealistic or too good to be true. The go-to word for cynics who want to rain on someone's optimistic parade.

Example Usage

You think you'll get a promotion without doing any extra work? That's a fairytale, buddy.

Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=fairytale&defid=12867)

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