A parked domain is one that's taken, but it's not linked to any other service - web or email hosting. In other words, such a domain name will not load any real content in case you type it within a browser, but no one can take it as you have already registered it and you are its owner. The main advantage of acquiring a domain and parking it afterwards is that you’re able to keep it and not worry that somebody else could possibly register it in the meantime if, for example, the site for it is not ready yet. You may set a short-term Under Construction webpage for a parked domain while you're working on your web site, or forward it to another web address - temporarily or permanently. The latter option can be employed when you have already registered domain.com, for instance, and you acquire domain.net and domain.org, in order to protect a brand name or a trademark. In such a case, the .net and .org domain names can be parked and forwarded to the .com as you do not need separate sites for them.