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  Dictionary Definition of folly

folly
noun ( plural follies )

1. the state or quality of being foolish; lack of understanding or sense.
2. a foolish action, practice, idea, etc.; an absurdity.
3. Architecture a useless but costly structure, often in the form of a sham Gothic or classical ruin; especially popular in 18th-century England.
4. ( plural ) a theatrical revue.
5. Obsolete wickedness; wantonness.
[ME folie, from OF, from fol mad. See FOOL1 ]