From Websters dictionary...



Main Entry: 1para·[color:red]chute

Pronunciation: 'par-&-"shüt

Function: noun

Etymology: French, from para- (as in parasol) + chute fall -- more at CHUTE

Date: 1785

1 : a device for slowing the descent of a person or object through the air that consists of a usually hemispherical fabric canopy beneath which the person or object is suspended

2 : PATAGIUM

3 : a device or structure suggestive of a parachute in form, use, or operation





...guess I'd go with [color:red]chute