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From: Webster's Revised Unabridged Dictionary (1913)

 Fair, n.
 1. A gathering of buyers and sellers, assembled at a particular place with their merchandise at a stated or regular season, or by special appointment, for trade.
 2. A festival, and sale of fancy articles. erc., usually for some charitable object; as, a Grand Army fair; a church fair.
 3. A competitive exhibition of wares, farm products, etc., not primarily for purposes of sale; as, the Mechanics' fair; an agricultural fair.
 After the fair, Too late. [Colloq.]