mayavada | मायावाद

Mayavada (Devanagari: मायावाद ISO15919: māyāvāda) has a couple of meanings

1. The doctrine of illusion. The philosophy propagated by Adi Jagadguru Shri Shankaracharya that states there is only one entity, Brahm. The entire world doesn't really exist. It is a mere illusion.
2. Jagadguruttam Swami Shri Kripalu Ji Maharaj says other than jiva there are only two eternal entities Bhagavana and Maya. Jiva can expend effort to attain one of these two entities. So, the school of philosophy of
   1. attainment of Bhagavana is Bhagavad-vaad (Devanagari: भगवद्-वाद​ ISO15919: bhagavad-vāda​), Adhyatma-vaad (Devanagari: आध्यात्मवाद​ ISO15919: ādhyātmavāda)
   2. attainment of Maya is mayavada.

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• preya marga
• shreya marga

REFERNCE

Who am I? Who is Mine? Vol. 1, Ch. 5