Plain English Meaning
Someone deliberately leaving an aircraft in flight to come down by parachute. The FAA has specific rules covering when, where, and how this can happen.
Full Definition
A parachute jump is the intentional descent of a person from an aircraft in flight, using a parachute or intended to use a parachute, that is required to be conducted in accordance with 14 CFR Part 105. It does not include emergency bailouts.
Context Anchor
Seen in operating rules for flights that carry parachutists, especially when the flight is near airports, over people, in clouds, or in controlled airspace.
Derivation
Parachute comes from the French para- (to protect against) and chute (a fall) — literally 'against the fall.' Jump is the everyday English word. Together: a fall, slowed by a protective .