Definition of "parlaying" [parlaying]

• Present participle of parlay. (verb)

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• "He will try to replicate Barbara Walters 'and Meredith Vieira's successes in parlaying their serious journalism backgrounds into successful daytime gigs."
• "Who can really take pride in creating fictitious people and assigning them a gender and a name and parlaying this to the public."
• "You have a better shot at being a millionaire by parlaying your union-benefits job into savings that you put into a house and starting capital for a small business or investments than you would as a non-union wage-slave at, say, Wal-Mart."