A parked domain name is one that is taken, but it's not connected to any other service - web or email hosting. In other words, this type of domain name will not open any real content in case you type it inside a browser, but no one else can take it as you've already registered it and you are its owner. The best thing about getting a domain and parking it afterwards is the fact that you can keep it and not worry that someone else may register it in the meantime if, for example, the website for it is not ready yet. You are able to set a short-term Under Construction website page for a parked Internet domain while you are working on the website, or direct it to some other web address - temporarily or permanently. The second option can be used when you have already registered domain.com, for instance, and you obtain domain.net and domain.org, in order to protect a brand name or a trademark. In such a case, the .net and .org domain names can be parked and directed to the .com because you do not need individual sites for them.