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The Collaborative International Dictionary of English v.0.48 (gcide)

Parcenary \Par"ce*na*ry\, n. [See {Parcener}, {partner}.] (Law)
The holding or occupation of an inheritable estate which
descends from the ancestor to two or more persons;
coheirship.
[1913 Webster]

Note: It differs in many respects from joint tenancy, which
is created by deed or devise. In the United States
there is no essential distinction between parcenary and
tenancy in common. --Wharton. Kent.
[1913 Webster]

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