Yes you're right...Stall is not a free fall but a sudden reduction in lift which can occur for instance when the angle of attack increases beyond a certain value.
It's actually not a sudden reduction in lift either. Even in a stall, lift equals gravity. It's just that the normal relationship between angle of attack and lift is reversed to that higher angle of attack lowers lift rather than increasing it. This makes it inherently unstable and difficult to control, but there is in principle nothing preventing you from flying a stalled airplane all day.
http://www.lindenhillimports.com/images/photof48.jpg