The other day Narrative Magazine emailed information about their next fiction contest, and among the submission requirements was this description of the sort of work they admire and want to publish. I think it's a great substitute for what I normally characterize as "literary." Here it is:
As always, we are looking for works with a strong narrative drive, with characters we can respond to as human beings, and with effects of language, situation, and insight that are intense and total. We look for works that have the ambition of enlarging our view of ourselves and the world.