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.
⇒ 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.
© Webster 1913.