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Ese Bot
Jul 26, 2010, 01:23 PM
Merriam-Webster's Word of the Day for July 26, 2010 is:

parlay • \PAHR-lay\ • verb
1 : to bet in a parlay 2 a : to exploit successfully* b : to increase or otherwise transform into something of much greater value


Example sentence:
The young actor parlayed his popularity as a teen heartthrob into a successful film career.


Did you know?
If you're the gambling type, you may already know that "parlay" can also be used as a noun describing a series of bets in which a person places a bet, then puts the original stake of money and all of its winnings on new wagers. But you might not know that "parlay" represents a modified spelling of the French name for such bets: "paroli." You might also be unaware that the original French word is still occasionally used in English with the same meaning as the noun "parlay."

*Indicates the sense illustrated in the example sentence.




Source (http://www.merriam-webster.com/cgi-bin/mwwodarch.pl?Jul.26.2010)