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It could actually be both, since the two words are nearly the same in meaning. At the time the story of Odin was told, it was believed by the Norse people, who were a culture that had many gods and goddesses. Part of the worship of these deities was to tell stories of their amazing deeds: some of the stories (or folk-tales) were written, some were oral, but they were all important to the people who worshiped Odin and the other Norse deities. Today, we regard many of the ancient religions as mythological (Greek mythology, Roman mythology, Norse mythology, etc); and the stories of their gods and goddess are regarded as legends.

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11y ago

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