de·ri·sion 
(dĭ-rĭzhən)
(dĭ-rĭzhən)n.
1. The act of ridiculing or laughing at someone or something.
2. A state of being derided: Members of the board held the proposal in derision.
[Middle English derisioun, from Anglo-Norman, from Late Latin dērīsiō, dērīsiōn-, from Latin dērīsus, past participle of dērīdēre, to deride; see DERIDE.]