A parked domain name is one which is taken, but it is not linked to any other service - web or email hosting. In other words, this kind of domain address will not open any real content in case you type it within an Internet browser, but nobody else can take it as you've already registered it and you are its owner. The advantage of getting a domain name and parking it afterwards is the fact that you’ll be able to keep it and not stress that somebody else could possibly register it in the meantime if, for example, the website for it is not ready yet. You are able to create a temporary Under Construction page for a parked Internet domain while you are working on the site, or forward it to some other web address - temporarily or permanently. The second option can be used when you have already registered domain.com, for example, and you get domain.net and domain.org, in order to protect a brand name or a trademark. In cases like this, the .net and .org domain addresses can be parked and directed to the .com since you don't need individual websites for them.