Tuesday, August 04, 2009

TODAY'S WORD-PARLAY

parlay

(transitive verb, noun)
[PAWR-lay', PAWR-lee]

transitive verb

1. to stake winnings from one bet on a subsequent wager

2. to make good use of an asset to obtain success: "Rita was a serial entrepreneur, and would parlay the success of one venture into another."

noun

3. a bet comprising the winnings from a previous bet or a series of such bets

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