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1. (v.t.) parlay
to bet or gamble (an original amount and its winnings) on a subsequent contest.
2. parlay
to use (assets) to achieve a relatively great gain:
to parlay a modest inheritance into a fortune.
3. (n.) parlay
a bet of an original sum and the subsequent winnings.
Etymology: (1820–30, Amer.; alter. of earlier paroli < F < Neapolitan It, pl. of parolo, perh. der. of paro equal < L pār; see pair)
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| Definition of 'parlay' |
Princeton's WordNet |
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1. (verb) parlay
a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers
2. (verb) parlay, double up
stake winnings from one bet on a subsequent wager
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