parcel Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: parcel

Dictionary of Business Terms

parcel

piece of property under one ownership; lot in a subdivision .
package sent through a common carrier.
to distribute or separate into parts, as in "to parcel out."

Dictionary of Real Estate Terms

parcel

a piece of property under one ownership; a lot in a subdivision .

Example: In order to construct the highway, the state must acquire parts of parcels A and C in Figure 136. Parcels B and D are unaffected.

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Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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