What context can I use each word in?
Learn when and how to use these words with these examples!
parlay
Example
She hoped to parlay her internship into a full-time job. [parlay: verb]
Example
He managed to parlay his small investment into a fortune. [parlay: verb]
Example
The company was able to parlay their initial success into a global brand. [parlay: verb]
utilize
Example
We can utilize this new technology to improve our productivity. [utilize: verb]
Example
The team was able to utilize their skills to complete the project on time. [utilize: verb]
Example
The organization aims to utilize its resources to help those in need. [utilize: verb]
Good things to know
Which word is more common?
Utilize is more commonly used than parlay in everyday language. Utilize is versatile and covers a wide range of contexts, while parlay is less common and refers to a specific type of strategic use.
Whatโs the difference in the tone of formality between parlay and utilize?
Utilize is generally considered more formal than parlay. While utilize is appropriate for use in academic or professional writing, parlay may be more suitable for informal or conversational contexts.