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English definition of “parlay”

parlay

verb [T] uk   /ˈpɑː.li/ us    /ˈpɑːr.leɪ/ mainly US
to use or develop money, skills, etc. in a way that makes more money or leads to success: They parlayed a small inheritance into a vast fortune.Making progress and advancingBecoming better
(Definition of parlay from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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