There are two services that you’ll need for a working website - a domain name and a website hosting plan for it. If you type the domain name in your browser, you see the content that is uploaded inside the website hosting account, but if that Internet domain is not linked to such an account or to an e-mail service, it's parked. In other words, the domain is registered and you're its owner, but it does not have any content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” webpage from the registrar company, or it can be forwarded to some other URL of your choice. The advantage of parking a domain name is that you can keep it and ensure that nobody else is going to take it. In the meantime, it won't occupy a slot for a hosted domain address in your account. In addition, you can park domains if you have a .com, for example, and you register domain names with other extensions like .net, .org or country-code ones to direct them to the main web site as a way to protect a brand name.