(ambitransitive, gambling) To carry forward the stake and winnings from a bet on to a subsequent wager or series of wagers.
Shall we parlay the value of our products?
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(transitive, by extension) To increase (an asset, money, etc.) by gambling or investing in a daring manner.
They believe that if [Roy] Harris can maintain his standing among the leading heavyweights, they can parlay this rating with Texas enthusiasm and oil money into enticing Floyd Patterson into coming down and defending his heavyweight titl…
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(transitive, by extension, generally) To convert (a situation, thing, etc.) into something better.
[[w:K. M. Panikkar
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.