Word of the Day : September 28, 2021
What It Means
Parlay means “to turn (something) into something of greater value.”
// The young actor parlayed his popularity as a teen heartthrob into a successful film career.
Did You Know?
“Since his pro debut in 1995, [Manny Pacquiao] has won world titles in a record eight weight classes and parlayed boxing fame into political clout.” — Morgan Campbell, The New York Times, 22 Aug. 2021
In gambling, parlay is used for a series of bets in which a person places a bet, then puts the original stake of money and all of its winnings on new wagers. The noun comes from the French name for such bets: paroli. Be careful not to mix up the verb parlay with the similar word parley, meaning “to speak with another or to confer.”