Trinidad Soca Monarchs JW and Blaze coined the derived term ’palancing’’. Although claimed as theirs, formed by simply removing the ’R’’ from the word ’parlance’’. The term is ’Jack Palancing’’ which is a linguistic device known as rhyming slangs (later to be called Cockney rhyming slangs). These rhyming slangs, peculiar to most languages were slangs in which words were replaced by a word or phrase with which they rhymed. Another form of rhyming slangs was called reduplication as in such terms as ’hoity toity’’, ’namby pamby’’, ’nitty gritty’’, ’itsy bitsy’’ etc.

The term ’Jack Palancing’’ simply means dancing. Its origin may be more Irish than Cockney. As a matter of fact, one well-known Cockney rhyming slang is ’donkey’s ears’’ meaning ’years’’.

Reference: "Origin of 'palance'". Trindad Express, Feb. 16, 2010.
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a word used by trinidadians to reflect a sense of enjoyment, fun, partying, and any other sort of liming
last night we rel palance in de zen!!
by Xplicit Mevon December 30, 2009
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A term used by Trinidadians which originated from three words which are PArty, Lime ANd danCE and hence the term palance.
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(verb) Palance is a Trinidadian dialect term which means 'to party and have fun'. It is closely related to the term 'lime' but, unlike a lime which involves hanging out with friends, palancing involves having extreme fun (most typically in a party setting) and can be done on one's own, or with friends as well.

The term, though gaining major popularity during the 2010 Carnival due to the song of the same name (by JW and Blaze), has been around for a long time. The term reportedly was created by the radio DJs JW and Blaze a few years ago and used on their radio programmes. JW has said that the term originated based partially on use/meaning of the word parlance.
1. Las night we rel palance in de party!

2. I feel I go palance by mehself today, goin an take in a lil fun an ting.

3. Leh we plan a lime nah? We go rel palance wen we limin in she concert.
by Ken Ping May 19, 2010
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To accidentally inhale sharply through both the nose and mouth at the end of a statement, a la actor Jack Palance. This is due either to an oncoming burp or hiccup,or other change of internal pressure.
So yesterday I fell off of the toilet.(gasp)...Wow, I just Jack Palanced at the end of that sentence
by VAKI5 May 8, 2005
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A system created more than 200 years ago by the framers of the U.S. Constitution that takes power away from the three branches of government (executive, judicial, & legislative), and gives more direct power to the late film actor Jack Palance.
-Before any bill is submitted before Congress, it must first be reviewed by Jack Palance.
-If passed by Palance and three-quarters of both houses of Congress, it must then be approved by the president.
-If signed by the president, it must again be reviewed by Jack Palance.
-Jack Palance can then overrule the high court if he believes the a law is not palanced.
-Each of the three branches jacks the power of the other two...creating an equal palance of power.
The system of jacks & palances is integral to the federal government's continued stability.
by Truman Benedix March 4, 2008
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