noun, verb, -chut⋅ed, -chut⋅ing.| 1. | a folding, umbrellalike, fabric device with cords supporting a harness or straps for allowing a person, object, package, etc., to float down safely through the air from a great height, esp. from an aircraft, rendered effective by the resistance of the air that expands it during the descent and reduces the velocity of its fall. |
| 2. | parachute brake. |
| 3. | Horology. a shockproofing device for the balance staff of a watch, consisting of a yielding, springlike support for the bearing at either end. |
| 4. | Informal.
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| 5. | to drop or land (troops, equipment, supplies, etc.) by parachute. |
| 6. | to descend by parachute. |