Also means
to give false hope
Usage Note
Ilusionar is a partial false friend: ilusión in Spanish often means eager anticipation or a wishful illusion, not the English 'illusion' in a neutral sense. Me ilusiona el viaje means 'the trip excites me / I'm really looking forward to the trip,' not 'the trip deceives me.' The reflexive ilusionarse means to get one's hopes up, sometimes to an unrealistic degree.
Examples
"El proyecto me ilusiona mucho."
Natural Translation
The project really excites me.
Literal Translation
The project to-me excites a lot.
Related Words
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