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.]
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   1. To divide and distribute by parts or portions; -- often
      with out or into. "Their woes are parceled, mine are
      general." --Shak.
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            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.
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