parley (n.) Look up parley at Dictionary.com
"conference, speech," especially with an enemy, mid-15c., from Middle French parlée, from fem. past participle of Old French parler "to speak" (11c.), from Vulgar Latin *paraulare, from Late Latin parabolare "to speak (in parables)," from parabola "speech, discourse," from Latin parabola "comparison" (see parable).
parley (v.) Look up parley at Dictionary.com
late 14c., "to speak, talk, confer," probably a separate borrowing of Old French parler "to speak" (see parley (n.)). Related: Parleyed; parleying. Meaning "to discuss terms" is 1560s, from the noun.