[1] : The Collaborative International Dictionary of English v.0.48

parachute \par"achute\, v. i.
   to descend to th ground from an airplane or other high place
   using a parachute; as, when the plane stalled, he parachuted
   safely to the ground.
   pjc

   golden parachute a generous set of financial benefits,
      including severance pay, provided by contract to a
      high-level corporate employee in the event s/he is
      dismissed or his/her job is lost in a corporate takeover
      or merger; also, the contract providing for such benefits.
      

   drogue parachute a small parachute that is first released
      and opened in order to more reliably deploy a larger
      parachute. also called drogue.
      pjc parachuter
see also:
golden parachute drogue parachute drogue 

[2] : WordNet (r) 2.0

drogue parachute
     n 1: a small parachute that pulls the main parachute from its
          storage pack
     2: a parachute used to decelerate an object that is moving
        rapidly syn: drogue, drogue chute
see also:
drogue drogue chute 

Drogue >> D Words
Drogue, definition of term: Drogue
drogue_pag1.html

Parachute >> P Words
Parachute, definition of term: Parachute
parachute_pag1.html

Parachute Jumpe >> P Words
Parachute Jumpe, definition of term: Parachute Jumpe
parachute+jumpe_pag1.html