There are two services you'll need for a functioning web site - a domain name plus a hosting plan for it. Any time you type the domain in your Internet browser, you see the content that’s uploaded inside the web hosting account, but if that domain name is not linked to such an account or to an e-mail service, it's parked. Put simply, the domain name is registered and you're its owner, but it doesn't have any content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” page from the registrar company, or it may be forwarded to any other URL of your choice. The main benefit of parking a domain address is that you can keep it and make sure that no one else is going to take it. At the same time, it won't take a slot for a hosted domain address inside your account. You can also park domain names if you have a .com, for example, and you register domain names with other extensions like .net, .org or country-code ones to forward them to the main website as a way to protect a brand name.