A parked Internet domain is one that is taken, but it is not connected to some other service - web or e-mail hosting. In other words, such a domain name will not open any actual content when you type it within an Internet browser, but no one can take it as you've already registered it and you are its owner. The main advantage of acquiring a domain name and parking it afterwards is the fact that you’ll be able to keep it and not worry that someone else could possibly register it meanwhile if, for instance, the website for it is not ready yet. You could create a short-term Under Construction page for a parked domain name while you are working on the web site, or forward it to some other web address - temporarily or permanently. The latter option can be used if you have already registered domain.com, for example, and you obtain domain.net and domain.org, in order to protect a brand name or a trademark. In this situation, the .net and .org domain addresses can be parked and forwarded to the .com because you do not need individual websites for them.