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Meaning of parlay

Source language: EnglishDictionary language: English

parlay

Pronunciation:/ˈpɑːleɪ//-li/

noun

Definitions

  1. (originally United States) A bet or series of bets where the stake and winnings are cumulatively carried forward; an accumulator.

verb

Definitions

  1. To carry forward the stake and winnings from a bet on to a subsequent wager or series of wagers.

  2. (by extension) To increase (an asset, money, etc.) by gambling or investing in a daring manner.

    Example: Shall we parlay the value of our products?

  3. (by extension, generally) To convert (a situation, thing, etc.) into something better.

verb

Definitions

  1. To have a discussion, especially one between enemies.