- ▪ I. parcel par‧cel 1 [ˈpɑːsl ǁ ˈpɑːr-] noun [countable]1. TRANSPORT an object or objects, packed together and wrapped up ready to be sent somewhere ; = PACKAGE:
• The next lot of parcels is being delivered tomorrow.
• the train company's parcel service.
• parcel post (= a mail service for collecting and delivering parcels )2. PROPERTY a piece of land that is one of several parts of a larger area of land:
• The company owns 76 parcels of industrial land in 23 states.
• HTV is redeveloping a 21-acre parcel of land close to its studios.3. FINANCE a set of related shares etc that are all sold or bought at the same time:
• They sold a big parcel of shares last week for £82.6 million.[m0] ▪ II. parcel parcel 2 verb parcelled PTandPPX parcelling PRESPARTX parceled PTandPPX parceling PRESPARTXparcel something → out phrasal verb [transitive]to divide something into several parts, especially in order to share it between several people:
• Farmers argue that parcelling out commercial farmland into small plots will reduce productivity.
• Savers may withdraw up to $600 from their accounts and any balances will be parceled out in 12 monthly instalments.parcel something → up phrasal verb [transitive] TRANSPORTto make something into a parcel by wrapping it, usually to send it somewhere
* * *parcel UK US /ˈpɑːsəl/ noun [C]► (UK an object or collection of objects wrapped in paper, especially so that it can be sent by post: »
There were several parcels waiting for her in the post room.► FINANCE a collection of things, for example investments, that are sold and bought together: »
The parcel of shares is worth between €2,000 and €3,000.► PROPERTY, MEASURES a unit representing an area of land that is made up of smaller parts, usually acres: »
A 100-acre parcel in Texas was one of five sites selected for development.
Financial and business terms. 2012.