The word parsec comes from the phrase, "parallax of one arc second".
QUOTE(http://www.astrosociety.org/education/publications/tnl/14/14.html)
Parsec: A unit of distance equal to about 3.26 light-years (or, more precisely, equal to 206,265 Astronomical Units). Technically, a parsec is defined to be the distance from which the Earth and Sun would appear to be separated from one another by 1 second of arc (about the size a dime would appear to be if seen from a distance of 2 miles).
The closer an object is to the earth and the sun, the greater the observed angle between them. As you move farther away the earth and the sun appear to get closer together. This isn't a very good description of parallax, but hopefully it is clear.
The closest star is about 4 light years away, a little more than a parsec!


