According to Wikipedia, the source of all that is correct in the Universe (really?): “The identifying traits of fantasy are the inclusion of fantastic elements in a self-coherent (internally consistent) setting, where inspiration from mythology and folklore remains a consistent theme. Within such a structure, any location of the fantastical element is possible: it may be hidden in, or leak into the apparently real world setting, it may draw the characters into a world with such elements, or it may occur entirely in a fantasy world setting, where such elements are part of the world. Essentially, fantasy follows rules of its own making, allowing magic and other fantastic devices to be used and still be internally cohesive.” (https://en.wikipedia.org/wiki/Fantasy)
That said we almost prefer a definition of fantasy fiction along the lines of, "you know it when you see it". We don't get too hung up on sub-genres or specific requirements, the magic can be magical or mythical, the settings real or imagined. If you think you have a fantasy short story, then there's a good chance we will too. Just be careful to avoid trying us out with science fiction and clearly horror stories, and maybe not too many glowing vampires or were-creatures in love.
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