Parsing often means "perform syntax analysis" on a program or a text. It means check if a text obeys given grammar rules and extract the corresponding information. For example, suppose that you define the rule that the structure of a question in english is auxiliary verb + subject + main verb + rest . Then the output of the statement parse("Are they playing football?") could be a hierarchy of tuples, or other objects, like this
For Each ctrl As Control In Me.Controls("pnlMainPanel").Controls
If ctrl.GetType Is GetType(System.Windows.Forms.Panel) Then
For Each subCtrl As Control In ctrl.Controls
If subCtrl.GetType Is GetType(System.Windows.Forms.TextBox) Then
If subCtrl.GetType Is ...