a witty remark or sentence.

1645–55; derivative of witty, modeled on criticism

joke, jest, quip, sally, wisecrack.
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World English Dictionary
witticism (ˈwɪtɪˌsɪzəm)
a clever or witty remark
[C17: from witty; coined by Dryden (1677) by analogy with criticism]

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Example sentences
It is easy to guess the character of the witticism by the kind of reaction that
  wit exerts on the hearer.
When they were introduced, he made a witticism, hoping to be liked.
There the swells would sip martinis, intone the odd witticism or inanity and
  occasionally commit some headline indiscretion.
But it was his shrewd witticism he made while performing his tricks, that won
  him fame and fortune.
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