Simple Definition of parlay

from our Learner's Dictionary

parlay

verb

parlays; parlayed; parlaying
US : to use or develop (something) to get something else that has greater value
+ into
He hoped to parlay his basketball skills into a college scholarship.
She parlayed $5,000 and years of hard work into a multimillion-dollar company.

Cite this Entry

“Parlay.” Merriam-Webster.com Simple Definition, Merriam-Webster, https://www.merriam-webster.com/simple/parlay. Accessed 19 Jun. 2026.

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