folly
fol.ly \'fa:l-e-\ n [ME folie, fr. OF, fr. fol fool] 1: lack of good sense or normal prudence and foresight 2: a foolish act or idea obs 3a: EVIL, WICKEDNESS; esp : LEWDNESS 3b: criminally or tragically foolish actions or conduct 4: an excessively costly or unprofitable undertaking; esp : a ruino usly costly often unfinished building