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In the sense you mean, it probably stands for general fiction, i.e. not romances, science-fiction, or mysteries. (Fiction that is "literary".) There's a lot of genre fiction that has excellent char...
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In the sense you mean, it probably stands for general fiction, i.e. not romances, science-fiction, or mysteries. (Fiction that is "literary".) There's a lot of genre fiction that has excellent character development, but like anything else, the vast majority of anything is usually pretty bad. It may have other meanings as well. An agent I know uses this term "literary fiction" to refer to anything she handles that's not non-fiction. (Including graphic novels.)