There are two services you'll need for a functioning web site - a domain name plus a web hosting plan for it. When you type the Internet domain in your browser, you see the content that’s uploaded inside the hosting account, but if that domain is not linked to such an account or to an email service, it is parked. In other words, the domain address is registered and you're its owner, but it lacks content of its own. Instead, it can open either a pre-made “Under Construction / For Sale” webpage from the registrar company, or it may be forwarded to some other URL of your choice. The advantage of parking a domain is that you can keep it and ensure that no one else will take it. At the same time, it's not going to take a slot for a hosted Internet domain within your account. You can also park domains if you have a .com, for example, and you register domain addresses with other extensions like .net, .org or country-code ones to forward them to the main site as a way to protect a brand name.