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Wiktionary
peripety

n. (alternative form of peripeteia English)

WordNet
peripety

n. a sudden and unexpected change of fortune or reverse of circumstances (especially in a literary work); "a peripeteia swiftly turns a routine sequence of events into a story worth telling" [syn: peripeteia, peripetia]

Usage examples of "peripety".

But no doubt you mean it in the dramatical sense: can you not say peripety in English?

The third act corresponds to the pathos and peripety of the traditional tragic form.

Savine et le prince Otchakoff, offrait aux curieux et a la chronique les peripeties les plus emouvantes.

His literary production was so abundant during this relatively short stretch of time, and Dostoevsky was so intimately involved in all the peripeties of this dramatic moment in Russian history, that it has required a separate volume to depict him adequately at this juncture.

Such peripeties are often glossed over by the history of literature in silence.