fol•ly (ˈfɒl i)

n., pl. -lies.

  1. the state or quality of being foolish; lack of understanding or sense.
  2. a foolish action, practice, idea, etc.; absurdity.
  3. a costly and foolish undertaking; unwise investment or expenditure.
  4. a whimsical or extravagant and often useless structure built to serve as a conversation piece, lend interest to a view, etc.
  5. follies, a theatrical revue.
  6. Obs. wickedness; wantonness.

[1175–1225; Middle English folie < Old French, derivative of fol, fou foolish, mad. See fool]

Random House Kernerman Webster’s College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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