There are two services that you need for a functioning web site - a domain name plus a website hosting plan for it. Any time you type the domain name in your Internet browser, you see the content that’s uploaded in the hosting account, but if that Internet domain isn't linked to such an account or to an e-mail service, it's parked. Put simply, the domain name is registered and you're its owner, but it does not have any content of its own. Rather, it can open either a pre-made “Under Construction / For Sale” webpage from the registrar company, or it can be forwarded to any other URL of your choice. The main advantage of parking a domain name is that you can keep it and make certain that no one else is going to take it. At the same time, it's not going to take a slot for a hosted Internet domain within your account. You may also park domains if you have a .com, for example, and you register domain addresses with other extensions like .net, .org or country-code ones to forward them to the main website as a way to protect a brand name.