parlay

parlay
/pahr"lay, -lee/
v.t.
1. to bet or gamble (an original amount and its winnings) on a subsequent race, contest, etc.
2. Informal. to use (one's money, talent, or other assets) to achieve a desired objective, as spectacular wealth or success: He parlayed a modest inheritance into a fortune.
n.
3. a bet of an original sum and the subsequent winnings.
[1820-30, Amer.; alter. of earlier paroli < F < Neapolitan It, pl. of parolo, perh. deriv. of paro equal < L par; see PAIR]

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Universalium. 2010.

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  • parlay — par‧lay [ˈpɑːli ǁ ˈpɑːrleɪ] verb [transitive] to increase the value of something you have, especially your abilities, money, or success, by using your opportunities well: parlay something into something • The party chairman parlayed his political …   Financial and business terms

  • parlay — ☆ parlay [pär′lā, pär′lē; ] for v., occas. [ pär lā′ ] vt., vi. [altered < earlier paroli < Fr < It (Neapolitan) dial. < paro, an equal, pair < L par: see PAR1] 1. to bet (an original wager plus its winnings) on another race,… …   English World dictionary

  • parlay — par lay v. t. 1. To wager the winnings plus the initial stake of one bet on a subsequent wager, or to engage in a series of such increased wagers. Note: This is the characteristic act in a common betting system used by gamblers to try to achieve… …   The Collaborative International Dictionary of English

  • parlay — par lay n. The act of betting the winnings from a prior bet, plus the original stake, on a subsequent bet; the second or later such bet in a series; also, a series of such bets, with the stakes for later bets coming from the winnings of earlier… …   The Collaborative International Dictionary of English

  • parlay — I (bet) verb ante, back, bet on, gamble, hazard, lay a wager, lay money on, make a bet, make book, play, risk, speculate, stake, take a chance, trust to chance, venture, wager II (exploit successfully) verb boost, broaden, build up, develop,… …   Law dictionary

  • parlay — (n.) 1701, term in the card game faro, from Fr. parole, from It. parole (Neapolitan paroli) words, promises, plural of parolo (see PAROLE (Cf. parole)). Meaning exploit to advantage is from 1942 …   Etymology dictionary

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