Fabulate meaning

făb'yə-lāt'
To engage in the composition of fables or stories, especially those featuring a strong element of fantasy.
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To write or tell fictitious stories, esp. highly allegorical or fantastic ones.
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(intransitive) To tell invented stories, often those that involve fantasy, such as fables.
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A folk story that is not entirely believable.
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(specifically) A folk story that is told for entertainment, and not intended to be taken as true.
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Origin of fabulate

From Latin fābulātus, perfect passive participle of fābulor (“tell stories, chat"), from fābula (“fable").