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Parlay Definition & Meaning | Britannica Dictionary

parlay

/ˈpɑɚˌleɪ/ Brit /ˈpɑɚli/

verb

parlays;

parlayed;

parlaying

/ˈpɑɚˌleɪ/ Brit /ˈpɑɚli/

verb

parlays;

parlayed;

parlaying

Britannica Dictionary definition of PARLAY

:

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.

◊ Do not confuse parlay with parley.