A fiction is a story that is invented either to entertain or to deceive (her excuse was ingenious, but it was pure fiction), while figment suggests the operation of fancy or imagination (a figment of his imagination).If a child hides his sandwich under the sofa cushions and tells you that a dinosaur ate it, this would be a fabrication, which is a story that is intended to deceive. Unlike a figment, which is mostly imagined, a fabricationis a false but thoughtfully constructed story in which some truth is often interwoven (the city's safety record was a fabrication designed to lure tourists downtown).falsehood is basically a lie—a statement or story that one knows to be false but tells with intent to deceive (a deliberate falsehood about where the money had come from).deception, on the other hand, is an act that deceives but not always intentionally (a foolish deception designed to prevent her parents from worrying).

Fabricationfabric, fabricare 'something skilfully produced', faber 'worker in metal or stone'. The city is perhaps the ultimate fabrication, its architecture a negotiation of metal and stone, truth and falsehood.
We fabricate everything, from editing a view in our decision of where to look, to editing a photo in our decision of where to crop. We edit a statement deciding what to say and what to leave unsaid. 
Every sentence implies a ‘believe me’ and a subsequent ‘forgive me’ for its potential falsity. All testimony is possible fabrication.
legerdemain – trickery – as an opportunistic tactic that poaches in places of power. "It creates surprises in them. It can be where it is least expected. It is a guileful ruse." de Certeau (1980) The Practice of Everyday Life