Folktale (noun)

1. A story or legend that is part of the oral tradition of a people or culture.
2. A traditional story, typically anonymously transmitted, that is not verified but is told as true or partly true.
3. A story that has been passed down by word of mouth from generation to generation.

Origin:

Late 19th century: from folk + tale.

Examples:

1. The folktale of Cinderella has been adapted into many different versions.
2. The folktale was about a dragon who lived in a nearby lake.
3. The folktale had been passed down for centuries in the small village.
4. The folktale had a moral about the importance of hard work.
5. The folktale was a beloved part of the local culture.