A fairy is a type of mythical being or legendary creature, generally described as anthropomorphic, found in the folklore of multiple European cultures, a form of spirit, often with metaphysical, supernatural, or preternatural qualities.
Fairy
1888 illustration by Luis Ricardo Falero of common modern depiction of a fairy with butterfly wings
Title page of a 1603 reprinting of Daemonologie
Illustration of a fairy by C. E. Brock
A goblin is a small, grotesque, monstrous creature that appears in the folklore of multiple European cultures. First attested in stories from the Middle Ages, they are ascribed conflicting abilities, temperaments, and appearances depending on the story and country of origin, ranging from mischievous household spirits to malicious, bestial thieves. They often have magical abilities similar to a fairy or demon, such as the ability to shapeshift.
The Princess and the Goblin by George MacDonald, illustrated by Jessie Willcox Smith, 1920