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Sat-ire [sat-ahyuhr]-noun
1. The use of irony, sarcasm, ridicule, or the like, in exposing, denoucing, or deriding vice, folly, etc.
2. A literaly composition, in verse or prose, in which human folly and vice are held up to scorn, derision, or ridicule.
3. A literary genre comprising such compositions.
Mis-con-cep-tion [mis'ken-sep'shan]-noun
1. A mistaken thought, idea or notion; a misunderstanding. Example 1: "It is a common misconception that, on the intarwebzorz, proper use of the written word is unnecessary when attempting to convey an idea or thought." Example 2: "It is a common misconception that, on the intarwebzorz, all readers of satirical posts possess the means to fully understand the underlying suggestion(s) contained therein."