What's in a Name? Definitions are making my head spin!

BACK TO BASICS? What do you think?

In the first couple of sentences Wikipedia describes IMAGINATION (also called the faculty of imagining) as –

 ‘the ability to form new images and sensations that are not perceived through sight, hearing or other senses. Imagination helps make knowledge applicable in solving problems and is fundamental to integrating experience and the learning process.’ Okay?

 It defines FICTION as –

‘the form of any work that deals, in part or in whole, with information or events that are not factual, but rather, imagery and theoretical – that is invented by the author. Although fiction describes a major branch of literary work, it may also refer to theatrical, cinematic, or musical work.’ Okay again!

 While FANTASY, I guess, is something right out of this world!

 I used to write FACT – generally from my own point of view.

Now I write mainly FICTION – from an imaginary character’s (or characters’) point of view and generally HISTORICAL FICTION.
I understand that in a work of FICTION the fictional characters and/or places are imaginary but any HISTORICAL EVENTS OR PEOPLE must be accurately researched.
These days we also have the category called FACTION. Now I’m not so good!

Perhaps someone can give me a couple of sentences about FACTION before I write something that is neither FACT nor FICTION, FACTION nor FANTASY, but something like a MAD, BAD SMORGASBORD OF A BOOK; A CRAZY CREATION CONTAINING FACT, FICTION, FACTION AND FANTASY THAT COULD SCARE ANY UNSUSPECTING READER RIGHT OUT OF THIS WORLD.

 This is Jean ‘Angel’ Allen hoping you might have pity on a poor writer today!!