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parachute  (parachutes plural & 3rd person present) (parachuting present participle) (parachuted past tense & past participle )
1  n-count A parachute is a device which enables a person to jump from an aircraft and float safely to the ground. It consists of a large piece of thin cloth attached to your body by strings. 
They fell 41,000 ft. before opening their parachutes...  
2  verb If a person parachutes or someone parachutes them somewhere, they jump from an aircraft using a parachute. 
He was a courier for the Polish underground and parachuted into Warsaw...  V prep/adv 
3  verb To parachute something somewhere means to drop it somewhere by parachute.  (=drop) 
Supplies were parachuted into the mountains.  V n prep/adv 


golden parachute   (golden parachutes plural )A golden parachute is an agreement to pay a large amount of money to a senior executive of a company if they are forced to leave.  (BUSINESS)  n-count 
Golden parachutes entitle them to a full year's salary if they get booted out of the company.