raillery

\RAY-luh-ree\, noun:

1. Good-humored banter or teasing.
2. An instance of good-humored teasing; a jest.

"But all the raillery in Canterbury couldn't distract Roderick from the new growth on Agatha's back."

"You know, if anyone ought to be able to take some raillery, it's a former P.O.W."