1. transforming or developing something into something greater or more valuable
2. betting winnings from one wager on another bet
Usage: gambling

Examples

• She is parlaying her internship experience into a full-time job offer.
• The entrepreneur parlayed his small investment into a million-dollar business.
• He parlayed his college connections into valuable networking opportunities.
• The gambler parlayed his winnings from the first race into a bigger bet.
• She parlayed her social media following into a successful brand partnership.
• The company is parlaying its success in one market into expansion opportunities.