What is the meaning of Fairway?

The area between the tee and the green, where the grass is cut short.

Any tract of land free from obstacles.

A channel either from offshore, in a river, or in a harbor that has enough depth to accommodate the draft of large vessels. (JP 4-01.6)

A navigable channel in a harbour, offshore etc; the usual course taken by vessels in such places.

fairway: the area between the tee and the green, where the grass is cut short

Source: wiktionary.org