parley

a conference between opposing sides in a dispute, especially a discussion of terms for a truce.

Merriam-Webster Online Dictionary
parley (verb)
intransitive verb
to speak with another - confer , specifically to discuss terms with an enemy
parley (noun)
1.
a) a conference for discussion of points in dispute
b) a conference with an enemy
2.
- discussion
Parley (biographical name)
Peter - see Samuel Griswold goodrich