burlesque

Concise Oxford English Dictionary © 2008 Oxford University Press:
burlesque /bəːˈlɛsk/

▶noun

• 1 a comically exaggerated imitation, especially in a literary or dramatic work; a parody.

• 2 N. Amer. a variety show, typically including striptease.

▶verb (burlesques, burlesquing, burlesqued) parody or imitate in a comically exaggerated way.

– derivatives
burlesquer noun.

– origin C17: from Fr., from Ital. burlesco, from burla ‘mockery’.