A parked domain address is one that's taken, yet it is not connected to any other service - web or email hosting. Put simply, this kind of domain won't load any real content if you type it in a browser, but no one else can take it as you've already registered it and you are its owner. The advantage of acquiring a domain name and parking it afterwards is the fact that you are able to keep it and not worry that somebody else might register it meanwhile if, for instance, the website for it is not ready yet. You may set a temporary Under Construction website page for a parked Internet domain while you're working on your site, or forward it to some other web address - temporarily or permanently. The second option can be employed when 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 names can be parked and directed to the .com because you don't need separate sites for them.