Random Words that start with P ending in D

1. To carry forward the stake and winnings from a bet on to a subsequent wager or series of wagers.
2. (by extension) To increase (an asset, money, etc.) by gambling or investing in a daring manner.

   Shall we parlay the value of our products?

3. (by extension, generally) To convert (a situation, thing, etc.) into something better.

verb

To have a discussion, especially one between enemies.