[ˈpɑːleɪ], (Verb)

Definitions:
- transform something into (something greater or more valuable)
(e.g: a banker who parlayed a sizeable inheritance into a financial empire)

- turn an initial stake or winnings from a previous bet into (a greater amount) by gambling
(e.g: parlaying a small bankroll into big winnings)


Phrases:

Origin:
early 19th century: from French paroli, from Italian, plural of parolo, probably from paro ‘I prepare’, 1st person singular of parare ‘prepare’ (from Latin parare ‘prepare’) + lo it

[ˈpɑːleɪ], (Noun)

Definitions:
- a cumulative series of bets in which winnings accruing from each transaction are used as a stake for a further bet


Phrases:

Origin:
early 19th century: from French paroli, from Italian, plural of parolo, probably from paro ‘I prepare’, 1st person singular of parare ‘prepare’ (from Latin parare ‘prepare’) + lo it