There are two services you need for a functioning website - a domain name and a web hosting plan for it. Any time you type the domain name in your browser, you see the content that’s uploaded inside the web hosting account, but if that domain is not linked to such an account or to an e-mail service, it is parked. To put it differently, the domain is registered and you're its owner, but it does not have any content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” Internet page from the registrar company, or it may be directed to some other URL of your choice. The main benefit of parking a domain name is that you can keep it and make certain that nobody else will take it. At the same time, it will not occupy a slot for a hosted domain address inside your account. You can also park domains if you have a .com, for example, and you register domain names with other extensions such as .net, .org or country-code ones to forward them to the main website in order to protect a brand name.