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par•ley

Pronunciation: (pär'lē), [key]
—n., pl. -leys,
—v., -leyed, -ley•ing.

—n.
1. a discussion or conference.
2. an informal conference between enemies under a truce, esp. to discuss terms, conditions of surrender, etc.

—v.i.
1. to hold an informal conference with an enemy under a truce, as between active hostilities.
2. to speak, talk, or confer.