Lygisaga

As defined by A Concise Dictionary of Old Icelandic (Geir Zoëga):

lygisaga

f. false news, untrue story.

Possible runic inscription in Younger Futhark:ᛚᚢᚴᛁᛋᛅᚴᛅ

Also available in related dictionaries:

This headword also appears in dictionaries of other languages closely related to Old Icelandic.

• Old Norse - Cleasby & Vigfusson Dictionary
• Old Norwegian - Johan Fritzner's Dictionary