Webster's English Dictionary

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parley

1. par.ley \'pa:r-le-\ vi [MF parler to speak, fr. ML parabolare, fr. LL 
   parabola speec]h, parable - more at PARABLE : to speak with another : 
   CONFER; specif : to discuss ter ms with an enemy
2. parley n 1a: a conference for discussion of points in dispute  1b: a 
   conference with an enemy  2: CONVERSATION, DISCUSSION