A parsec is a unit of distance used in astronomy, equal to about 3.26 light-years, or approximately 30.86 trillion kilometers (19.17 trillion miles). It is derived from the method of parallax, specifically the angle subtended by one astronomical unit at a distance of one parsec, which allows astronomers to measure vast distances to celestial objects. This measurement is crucial for understanding the scale of the universe and plays a significant role in discussions about cosmic expansion and the implications of Hubble's Law.