• IPA: /ˈpɑː(ɹ)leɪ/, IPA: /ˈpɑː(ɹ)li/

parlay (parlays, present participle parlaying; past and past participle parlayed)

  1. (transitive) To carry forward the stake and winnings from a bet onto a subsequent wager.
  2. (by extension) To increase.
    Shall we parlay the value of our products?
  3. (transitive) To convert into something better.
    • April 19 2002, Scott Tobias, AV Club Fightville[,72589/]
      Epperlein and Tucker focus on two featherweight hopefuls: Dustin Poirier, a formidable contender who’s looking to parlay a history of schoolyard violence and street-fighting into a potential career, and Albert Stainback, a more thoughtful yet more erratic and undisciplined fighter whose chief gimmick is entering the ring wearing a hat like the one Malcolm McDowell wore in A Clockwork Orange.
  4. To speak about peace; to hold peace talks.
  • Russian: вести переговоры

parlay (plural parlays)

  1. A bet or series of bets where the stake and winnings are cumulatively carried forward.
  2. A negotiation session, especially regarding a treaty.

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