Noun phantasy has 3 senses
  1. illusion, fantasy, phantasy, fancy - something many people believe that is false; "they have the illusion that I am very wealthy"
    --1 is a kind of misconception
    --1 has particulars: bubble; will-o'-the-wisp, ignis fatuus; wishful thinking
  2. fantasy, phantasy - fiction with a large amount of fantasy in it; "she made a lot of money writing romantic fantasies"
    --2 is a kind of fiction
    --2 has particulars: science fiction
  3. fantasy, phantasy - imagination unrestricted by reality; "a schoolgirl fantasy"
    --3 is a kind of imagination, imaginativeness, vision
    --3 has particulars:
     pipe dream, dream; fantasy life, phantasy life; fantasy world, phantasy world, fairyland
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