The parsec is a unit of length and is used in the Astronomical system of units. It is denoted by the symbol pc.
It is equal to 3.26156 ly (light years) which is approximately 31 trillion kilometres (19 trillion miles). It's used to measure huge distances to objects and planets outside of our Solar System.
It was first brought into use by Herbert Hall Turner (a British Astronomer) in 1913 and was invented to use in calculations of astronomical distances to make it easier in calculations using raw data.
The millimetre (American spelling millimeter) is a unit of length and is a multiple of the SI unit metre. It uses the symbol mm.
There are 1000 mm in 1 m and 10 mm in 1 cm. From this one can derive that there are 0.03937 in.
The millimetre is sometimes verbally abbreviated to 'mil' - which can cause confusion in the US as there is a unit there that means thousandth of an inch.