A parked domain address is one that is taken, however it's not associated with some other service - web or e mail hosting. Essentially, this type of domain address will not load any real content in case you type it inside a web 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’re able to keep it and not worry that someone else could possibly register it meanwhile if, for example, the site for it is not ready yet. You could create a short-term Under Construction website page for a parked Internet domain while you're working on the website, or forward it to another web address - temporarily or permanently. The second option can be employed if you have already registered domain.com, for instance, and you obtain domain.net and domain.org, so that you can protect a brand name or a trademark. In such a case, the .net and .org domains can be parked and directed to the .com as you don't need individual sites for them.