Parley \Par"ley\, n.; pl. {Parleys}. [F. parler speech, talk, fr. parler to speak, LL. parabolare, fr. L. parabola a comparison, parable, in LL., a word. See {Parable}, and cf. {Parliament}, {Parlor}.] Mutual discourse or conversation; discussion; hence, an oral conference with an enemy, as with regard to a truce.
We yield on parley, but are stormed in vain. --Dryden.
{To beat a parley} (Mil.), to beat a drum, or sound a trumpet, as a signal for holding a conference with the enemy.
Parley \Par"ley\, v. i. [imp. & p. p. {Parleyed}; p. pr. & vb. n. {Parleying}.] To speak with another; to confer on some point of mutual concern; to discuss orally; hence, specifically, to confer orally with an enemy; to treat with him by words, as on an exchange of prisoners, an armistice, or terms of peace.
They are at hand, To parley or to fight; therefore prepare. --Shak.
NEW CUTS in interest rates aren't likely at next week's Fed parley.
The parley was scheduled to open today and was to have focused on the recent spate of abductions in Beirut.
He contends such a parley could force Israel into too many concessions.
The World Psychiatric Association voted at an Athens parley to conditionally readmit the Soviet Union.
Najibullah also said the parley would discuss aid and human-rights guarantees.
Peres's plan seeks Israeli negotiations with Jordan under the umbrella of an international parley.
World oil prices slumped after some OPEC members indicated the group won't raise its $18-a-barrel benchmark price at its June parley.