wrap up vs parcel

wrap up is not a noun while parcel is a noun.

Word	Noun	Adjective	Verb	Adverb
wrap up	No	No	Yes	No
parcel	Yes	No	Yes	No

As verbs, parcel is a hyponym of wrap up; that is, parcel is a word with a more specific, narrower meaning than wrap up:

Other hyponyms of wrap up include do up, cere, shrinkwrap, gift-wrap, shroud.

wrap up (noun)	parcel (noun)
	the allotment of some amount by dividing something
	a wrapped container
	a collection of things wrapped or boxed together
	an extended area of land

wrap up (verb)	parcel (verb)
clothe, as if for protection from the elements	make into a wrapped container
form a cylinder by rolling	cover with strips of canvas
finish a task completely	divide into parts
arrange or fold as a cover or protection