The season or period when fairs or markets are traditionally held; the time of year when a fair takes place.
From 'fair' (a periodic market or gathering) plus 'time' (from Old English 'tima'), a compound literally meaning 'fair-time' or 'the time of the fair.'
Medieval villages had specific 'fair times' that were legally protected—merchants and farmers would plan entire years around these fixed dates, which is why so many towns still have fairs on the same week they have had for 600+ years.
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