It refers to a species of Philodendron characterized by its unique lobed or heart-shaped leaves. The term "type" typically signifies the original or standard form of the species. In botanical classification, the type specimen is the one that serves as a reference for the description of that species. It represents the standard by which other variations or cultivars are compared. The type specimen helps establish the scientific name and characteristics of the species. So, "Philodendron parvilobum type" would be the standard or reference form of this Philodendron species.