Definition of “parley” - English Dictionary

“parley” in British English

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parleynoun [ C ]

uk /ˈpɑː.li/ us /ˈpɑːr.li/ old-fashioned or humorous

a discussion between two groups of people, especially one that is intended to end an argument

parley
verb [ I ] uk us

old-fashioned After some serious parleying, both sides agreed to settle their differences.

(Definition of “parley” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)