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folly

fol·ly [ fóllee ] (plural fol·lies)


noun 
Definition:
 
1. unreason: thoughtlessness, recklessness, or thoughtless or reckless behavior
She realized, too late, the folly of her course of action.
It would be folly to continue.

2. irrational thing: a thoughtless or reckless act or idea ( often used in the plural )

3. architecture eccentric building: a building of eccentric or overelaborate design, usually built for decorative rather than practical purposes

4. U.S. misguided undertaking: an undertaking that is excessively costly or extravagant, especially one that leads to financial loss or ruin

[13th century. < Old French folie< fol "foolish" (see fool)]
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