Colloquy \Col"lo*quy\, n.; pl. {Colloquies}. [L. colloquium. See {Collocution}.] 1. Mutual discourse of two or more persons; conference; conversation. They went to Worms, to the colloquy there about religion. --A. Wood. 2. In some American colleges, a part in exhibitions, assigned for a certain scholarship rank; a designation of rank in collegiate scholarship.