Fey
Part of speech: adjective
Definition: Magical or fairylike. Strange or otherworldly. Spellbound. Doomed to die.
Example sentence: I just want Tina Fey to be my best friend. And Lena Dunham. And Oprah, too.
Fairy
Part of speech: noun
Definition: Land of the fae, state of enchantment, associated with fays (as in fairy gold, fairy queen)A mythical being who had magical powers, known in many sizes and descriptions, although often depicted in modern illustrations only as small and spritely with gauze-like wings; A sprite.a male homosexual, especially one who is effeminate.A nature spirit revered in modern paganism.