or Feerie. The land of the fays or faeries. The chief fay realms are Avalon, an island somewhere in the ocean; Oberon's dominions, situate “in wilderness among the holtis hairy;” and a realm somewhere in the middle of the earth, where was Pari Banou's palace.
For learnëd Colin [Spenser] lays his pipes to gage, And is to Faëry gone a pilgrimage.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894