The Collaborative International Dictionary of English v.0.48:

Beguilement \Be*guile"ment\, n.
   The act of beguiling, or the state of being beguiled.
   [1913 Webster]

WordNet (r) 3.0 (2006):

beguilement
    n 1: magnetic personal charm [syn: bewitchery, beguilement,
         animal magnetism]
    2: an entertainment that provokes pleased interest and distracts
       you from worries and vexations [syn: beguilement,
       distraction]