Yes, parley is in the scrabble dictionary

...and is worth 12 points by itself.

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Parley Definition

noun

A discussion or conference, especially one between enemies over terms of truce or other matters.
from The American Heritage Dictionary of the English Language, 4th Edition
A conference for discussion of points in dispute.
from Free Scrabble Dictionary
A conference with an enemy.
from Free Scrabble Dictionary

biographical name

Peter .
from Free Scrabble Dictionary

verb-intransitive

To have a discussion, especially with an enemy.
from The American Heritage Dictionary of the English Language, 4th Edition

verb

To speak with another .
from Free Scrabble Dictionary
To discuss terms with an enemy.
from Free Scrabble Dictionary

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Top Words by points

Points

player

11

2 letter words with PARLEY

Points

al

2

pa

4

pe

4

la

2

ae

2

re

2

er

2

el

2

ya

5

ar

2

ye

5

ay

5

3 letter words with PARLEY

Points

pya

8

pye

8

pal

5

par

5

pay

8

pea

5

per

5

ply

8

pry

8

yep

8

yea

6

rap

5

ray

6

yar

6

yap

8

rep

5

rya

6

rye

6

ale

3

alp

5

ape

5

are

3

lye

6

ley

6

lea

3

lay

6

lar

3

lap

5

aye

6

ear

3

era

3

4 letter words with PARLEY

Points

rale

4

aery

7

earl

4

aryl

7

aper

6

prey

9

rape

6

real

4

reap

6

rely

7

pare

6

yelp

9

lyre

7

lear

4

leap

6

year

7

eyra

7

pale

6

paly

9

yare

7

peal

6

pear

6

play

9

plea

6

pray

9

pyre

9

5 letter words with PARLEY

Points

repay

10

reply

10

plyer

10

relay

8

apery

10

layer

8

pearl

7

payer

10

parle

7

paler

7

early

8

leary

8

6 letter words with PARLEY

Points

player

11

replay

11

pearly

11

parley

11

Found 85 words in 0.17253 seconds