What term is defined as a literary work that contains imaginary characters, events, and settings?

Fiction is the classification for any story created in the imagination, rather than based strictly on history or fact. Fiction can be expressed in a variety of formats, including writings, live performances, films, television programs, video games, and role-playing games, though the term originally and most commonly refers to the major narrative forms of literature including the novel, novella, short story, and play.