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raillery (n.)

"good-humored ridicule," 1650s, from rail (v.) + -ery, or perhaps from French raillerie, from Middle French railler "to tease" (see rail (v.1)).

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Definitions of raillery from WordNet

raillery (n.)
light teasing repartee;
Synonyms: banter / give-and-take / backchat
From wordnet.princeton.edu