The process of interpreting myths and legends as exaggerated accounts of real historical people and events (present participle of euhemerize).
The present participle form created by adding -ing to euhemerize, describing the ongoing action of applying euhemeristic interpretation.
Scholars are constantly euhemerizing old stories—finding the real Viking settlements behind exaggerated sagas, or real kings behind legendary tales—it's like reality-checking history!
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