I really dislike the term "race" in RPGs. Like, I know that they aren't trying to imply racism and stuff but it leaves an odd taste in my mouth
Now, since the groups can interbreed, and the offspring is genetically viable and capable of having their own kids, it doesn't sound right to call them species
So I propose we call them "breeds"
Like "what breed of humanoid are you?" "Oh I'm an elf/dwarf/human"