Main Entry: ¹par·lay

Pronunciation: \ˈpär-ˌlā, -lē\

Function: transitive verb

Etymology: French paroli, noun, parlay, from Italian dial., plural of parolo, perhaps from paro equal, from Latin par

Date: 1828

1 : to bet in a parlay
2 a : to exploit successfully b : to increase or otherwise transform into something of much greater value