A parked domain name is one that's taken, but it is not linked to some other service - web or email hosting. In other words, such a domain address won't load any actual content when you type it within an Internet browser, but nobody can take it as you've already registered it and you are its owner. The best thing about acquiring a domain and parking it afterwards is the fact that you’re able to keep it and not worry that somebody else might register it in the meantime if, for instance, the site for it is not ready yet. You may create a temporary Under Construction website page for a parked domain address while you are working on your web site, or direct it to another web address - temporarily or permanently. The latter option can be employed if you have already registered domain.com, for instance, and you get domain.net and domain.org, so as to protect a brand name or a trademark. In this case, the .net and .org domain addresses can be parked and directed to the .com as you do not need different sites for them.