An archaic grandiloquism for magic. Derived from aeaeae artes; the magic arts. The only six-letter word that contains only vowels that I know of. This is thus derived from Aeaeae, a surname of the legendary Circe and the name of a small island off the coast of Italy, which is said to have been her place of abode. Useful for unscrupulous players of parlor word games and other such people that actually have copious free time.
For those confused as to how to pronounce the damn word, usage of Latin pronunciation rules are preferred ( only because I am a self-righteous bastard who happens to like Latin ). Thus, it is 'eye-eye-eye'. However, such a pronunciation will probably greatly confuse the listener. In that case, just use the word magic, you friggin stuck-up twit.