Crossword Genius

Expected levy not initially viable — confer (6)

Ross

I believe the answer is:

parley

I'm a little stuck... Click here to teach me more about this clue!

'confer' is the definition.
(I've seen this before)

'expected levy not initially viable' is the wordplay.
I cannot quite see how this works, but
'expected' could be 'par' (as in 'par for the course') and 'par' is found in the answer.
The remaining letters 'ley' is a valid word which might be clued in a way I don't understand.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for parley that I've seen before include "Negotiation between enemies" , "Conference of enemies" , "Negotiate" , "Colloquy" , "Dialogue between enemies" .)

I've seen this clue in The Times.
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