The Collaborative International Dictionary of English v.0.48:

Parcel \Par"cel\, v. t. [imp. & p. p. Parceledor Parcelled;
   p. pr. & vb. n. Parceling or Parcelling.]
   [1913 Webster]
   1. To divide and distribute by parts or portions; -- often
      with out or into. "Their woes are parceled, mine are
      general." --Shak.
      [1913 Webster]

            These ghostly kings would parcel out my power.
                                                  --Dryden.
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            The broad woodland parceled into farms. --Tennyson.
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   2. To add a parcel or item to; to itemize. [R.]
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            That mine own servant should
            Parcel the sum of my disgraces by
            Addition of his envy.                 --Shak.
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   3. To make up into a parcel; as, to parcel a customer's
      purchases; the machine parcels yarn, wool, etc.
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   To parcel a rope (Naut.), to wind strips of tarred canvas
      tightly arround it. --Totten.

   To parcel a seam (Naut.), to cover it with a strip of
      tarred canvas.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Parcel \Par"cel\, n. [F. parcelle a small part, fr. (assumed)
   LL. particella, dim. of L. pars. See Part, n., and cf.
   Particle.]
   1. A portion of anything taken separately; a fragment of a
      whole; a part. [Archaic] "A parcel of her woe." --Chaucer.
      [1913 Webster]

            Two parcels of the white of an egg.   --Arbuthnot.
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            The parcels of the nation adopted different forms of
            self-government.                      --J. A.
                                                  Symonds.
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   2. (Law) A part; a portion; a piece; as, a certain piece of
      land is part and parcel of another piece.
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   3. An indiscriminate or indefinite number, measure, or
      quantity; a collection; a group.
      [1913 Webster]

            This youthful parcel
            Of noble bachelors stand at my disposing. --Shak.
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   4. A number or quantity of things put up together; a bundle;
      a package; a packet.
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            'Tis like a parcel sent you by the stage. --Cowper.
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   Bill of parcels. See under 6th Bill.

   Parcel office, an office where parcels are received for
      keeping or forwarding and delivery.

   Parcel post, that department of the post office concerned
      with the collection and transmission of parcels; also, the
      transmission through the parcel post deparment; as, to
      send a package by parcel post. See parcel post in the
      vocabulary.

   Part and parcel. See under Part.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Parcel \Par"cel\, a. & adv.
   Part or half; in part; partially. --Shak. [Sometimes hyphened
   with the word following.]
   [1913 Webster]

         The worthy dame was parcel-blind.        --Sir W.
                                                  Scott.
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         One that . . . was parcel-bearded [partially bearded].
                                                  --Tennyson.
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   Parcel poet, a half poet; a poor poet. [Obs.] --B. Jonson.
      [1913 Webster]

WordNet (r) 3.0 (2006):

parcel
    n 1: a wrapped container [syn: package, parcel]
    2: the allotment of some amount by dividing something; "death
       gets more than its share of attention from theologians" [syn:
       parcel, portion, share]
    3: an extended area of land [syn: tract, piece of land,
       piece of ground, parcel of land, parcel]
    4: a collection of things wrapped or boxed together [syn:
       package, bundle, packet, parcel]
    v 1: divide into parts; "The developers parceled the land"
    2: cover with strips of canvas; "parcel rope"
    3: make into a wrapped container

Moby Thesaurus II by Grady Ward, 1.0:

183 Moby Thesaurus words for "parcel":
   a certain number, a few, a number, acres, adjunct, allocate, allot,
   amount, apportion, array, assign, bag, bale, barrel, basket, batch,
   bind up, bindle, body, bolt, bottle, bouquet, box, box up, budget,
   bunch, bundle, bundle up, can, capsule, carton, carve, carve up,
   case, cask, chattels real, chunk, clot, clump, cluster, clutch,
   collection, component, container, contingent, count, crate,
   cross section, cut, cut up, deal, deal out, deck, decrease,
   demesne, detachment, detail, disburse, disperse, distribute,
   district, divide, divide into shares, divide up, divide with,
   division, divvy, divvy up, do up, dole, dole out, domain, dose,
   encase, encyst, fagot, fardel, fasces, fascine, fix, fraction, gob,
   grounds, group, hamper, hand out, heap, honor, hunk, increase,
   installment, item, jar, land, landed property, lands, large amount,
   lot, lots, manor, measure, member, mess, messuage, mete out,
   moiety, nosegay, number, one or two, pack, package, packet,
   parcel out, part, particular, partition, passel, percentage, piece,
   plat, plot, portion, posy, pot, praedium, property, prorate,
   quadrant, quadrat, quantify, quantity, quantize, quarter, quiver,
   quota, random sample, rate, ration, real estate, real property,
   realty, reduce, remainder, roll, roll up, rouleau, sack, sample,
   sampling, section, sector, segment, set, several, share, share out,
   share with, sheaf, shift, slice, slice the pie, slice up,
   small amount, split, split up, subdivide, subdivision, subgroup,
   subspecies, sum, tank, tenements, tie up, tin, toft, tract, truss,
   truss up, two or three, umpteen, wrap, wrap up, zone



Bouvier's Law Dictionary, Revised 6th Ed (1856):

PARCEL, estates. Apart of the estate. 1 Com. Dig. Abatement, H 511 p. 133; 5
Com. Dig. Grant, E 10, p. 545. To parcel is to divide an estate. Bac, Ab.
Conditions, 0.