A parked domain is one that is taken, yet it is not linked to another service - web or email hosting. To put it differently, this type of domain address won't open any real content when you type it in a web browser, but no one else can take it as you have already registered it and you are its owner. The main advantage of obtaining a domain name and parking it afterwards is that you’re able to keep it and not worry that someone else might register it meanwhile if, for example, the website for it is not ready yet. You may create a temporary Under Construction website page for a parked Internet domain while you're working on the site, or forward it to another web address - temporarily or permanently. The latter option can be used if you have already registered domain.com, for instance, and you acquire domain.net and domain.org, so that you can protect a brand name or a trademark. In cases like this, the .net and .org domain addresses can be parked and forwarded to the .com as you don't need different websites for them.