Parole (horse)
WordNet
noun
(1) (law) a conditional release from imprisonment that entitles the person to serve the remainder of the sentence outside the prison as long as the terms of release are complied with
(2) A secret word or phrase known only to a restricted group
"He forgot the password"
(3) A promise
"He gave his word"
verb
(4) Release a criminal from detention and place him on parole
"The prisoner was paroled after serving 10 years in prison"