/air"ee fair"ee/ , adj.
1. Informal.
a. delicate or lovely: an airy-fairy actress; an airy-fairy nightgown.
b. not based on reality or concerned with mundane affairs; unrealistic: airy-fairy ideas about spending a fortune that isn't even his.
2. Slang. effeminate; swishy.
[ perh. orig. in the phrase "airy, fairy Lilian" in Tennyson's poem "Lilian" (1830) ]