Parlay

[Rihanna]

Part of the mythical set of pirate laws. Parlay entitles its invoker with free passage to negotiate with a ship’s captain until the negotiations are complete.

[Tina]

A discussion between two individuals usually on the topic of business. Generally used by lieutenants in the dope game.

[Little_Girl]

n. (gambling) - 1. A wager and its winnings from a previously successful bet used for additional betting. 2. A type of bet, usually wagered on pro team sports, where all teams picked must all win in order to collect a fixed wager.
v.- to bet in such a manner (or just gambling in general)

[Rihanna]

to hang out

[Sonia]

Means to chill, relax, have a good time.

[Little_Girl]

to dilly dally and waste time

to appear as if one is working hard, but nothing of value is really being accomplished

[PussyCat]

Getting out of a sticky situation. Quoted from the first Pirates of the Caribbean, when Jack Sparrow is literally about to get his ass handed to him, but before he gets pwoned he quotes the pirate law of parlay, where if a pirate shouts this he and his party cannot be harmed.
this can be used in many situations today, such as not getting sacked from work, or splitting up with your girlfriend just to name a few.

[Becky]

In betting terms a parlay is used to take winnings from a previous bet and add them to a new bet. A better term to describe this would be to Press your Luck.

[Tanya Shivari]

have a good time.

[Couch Potatoe]

Turn an initial stake or winnings from a previous bet into (a greater amount) by gambling.

[Jason Yan]

Slang for calling for someone [attention]

It [stops] the use of [the N word]!