What the Bible says about Parable as Adage
(From Forerunner Commentary)
"Parable" (Gk. parabole, Strong's #3850 from #3846) is a "similitude, i.e. (symbol.) fictitious narrative (of common life conveying a moral), apothegm or adage." In the KJV this Greek word is rendered "comparison," "figure," "parable," and "proverb." Thus, a parable is not a straightforward description of an event just as it occurred or will occur. It is intended to be similar to a real event, a comparison that has to be interpreted to reveal the true meaning.
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Biblical Symbolism