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1.
a figment of the imagination
a pink elephant is just a figmentation
by Chris Lawrey October 21, 2005
 
2.
Figmentation: verb a)The act of being a figment. See Figment
b) The personification of figmentlike qualities.
c) Maintaining that one doesn't really exist and you (the one experiencing the figment) are just interacting with your own mind.

Person A - (upon finding someone standing behind them)
"Hey! How long have you been standing here?"
Person B -
"I'm not here. I'm a figment of your imagination."
Person A -
"You're being a figmentation again!!!"
Person B -
:shrugs: "eh."
by Figment January 13, 2007