Skydiving need (9)
(Other definitions for parachute that I've seen before include "Eat up char for something to break your fall" , "Equipment for making a descent from an airplane" , "Equipment to break a fall from the sky" , "canopy" , "Drop from plane" .)
'skydiving need' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for chute that I've seen before include "Sloping channel" , "Waterfall" , "Inclined channel for rubbish, laundry etc" , "Slide" , "Sloping trough" .)