parallel - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “parallel”

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parallel

adjective
 
 
/ˈpærəlel/
ECONOMICS, COMMERCE used to describe products that are bought in one country in an unofficial way and then sold more cheaply than usual in a different country: Brandowners are not entirely opposed to parallel trade. The government has adopted a labelling policy which requires distributors of parallel goods to label the origins of the goods. →  Compare grey
IT involving two or more computer processes happening at one time: Groups of workstations act in parallel. →  Compare serial
→  See also parallel import , parallel processing
(Definition of parallel from the Cambridge Business English Dictionary © Cambridge University Press)
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