Parley
A parley (from French: parler – "to speak") is a discussion or conference, especially one designed to end an argument or hostilities between two groups of people. As a verb, the term can be used in both past and present tense; in present tense the term is referred to as parleying. In some cases, opposing parties would signal their intent to invoke parley by using a white flag, however the use of a white flag to invoke or request parley is not considered mandatory.
The term parley has been used to refer to numerous high-profile meetings of the 20th century, including the London and Paris Conferences held in 1954 to determine the status of West Germany.
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