Origin: Greek prefix para-
Parachute has 4 different meanings across 2 categories:
A device, generally constructed from fabric, that is designed to employ air resistance to control the fall of an object or person, causing them to float instead of falling.
"After bailing out of the malfunctioning jet, he deployed his parachute and began to float gently toward the forest below."
To jump, fall, descend, etc. using such a device.
"After bungee jumping from the bridge, she felt nervous until it was time to actually parachute down into the valley below."