From Longman Dictionary of Contemporary Englishparleypar‧ley /ˈpɑːli $ ˈpɑːrli/ noun [countable] old-fashioned DISCUSSa discussion in which enemies try to achieve peace —parley verb [intransitive]
Examples from the Corpus
parley• Neither party paused for breath or parley.• Others were asleep during the critical moments of the parley.• When parley failed, he met aggression with his own fury.Origin parley (1500-1600) Old French parlée, from parler “to speak”, from Late Latin parabola; → PARABLE 