A parked Internet domain is one that is taken, but it is not linked to any other service - web or email hosting. In other words, this type of domain address won't open any actual content when you type it within a web browser, but no one can take it as you've already registered it and you are its owner. The benefit of obtaining a domain name and parking it afterwards is that you’re able to keep it and not worry that somebody else might register it meanwhile if, for instance, the website for it is not ready yet. You are able to create a temporary Under Construction website page for a parked domain name while you're working on the website, or direct it to another web address - temporarily or permanently. The second option can be used if you have already registered domain.com, for instance, and you acquire domain.net and domain.org, so as to protect a brand name or a trademark. In this case, the .net and .org domain names can be parked and forwarded to the .com since you don't need individual sites for them.