A parked domain address is one that's taken, but it is not associated with some other service - web or e mail hosting. In other words, this kind of domain will not open any real content in case you type it inside a browser, but no one can take it as you have already registered it and you are its owner. The benefit of acquiring a domain and parking it afterwards is the fact that you’re able to keep it and not worry that someone else could possibly register it in the meantime if, for instance, the site for it is not ready yet. You may create a short-term Under Construction website page for a parked domain address while you're working on the web site, or direct it to some other web address - temporarily or permanently. The latter option can be employed if you have already registered domain.com, for instance, and you obtain domain.net and domain.org, so as to protect a brand name or a trademark. In such a case, the .net and .org domain addresses can be parked and forwarded to the .com since you don't need separate sites for them.