A parked Internet domain is one that's taken, but it's not connected to some other service - web or email hosting. Essentially, this type of domain name will not load any actual content when you type it within an Internet browser, but no one else can take it as you have already registered it and you are its owner. The main advantage of getting a domain name and parking it afterwards is that you will be able to keep it and not worry that somebody else may register it meanwhile if, for instance, the site for it is not ready yet. You could create a short-term Under Construction website page for a parked domain address while you're working on the website, or direct it to some other web address - temporarily or permanently. The latter option can be employed when you have already registered domain.com, for example, and you obtain 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 since you don't need separate websites for them.
