A parked domain address is one which is taken, however it's not associated with another service - web or e-mail hosting. In other words, such a domain name won't open any actual content in case you type it within a web browser, but no one else can take it as you have already registered it and you are its owner. The best thing about getting a domain and parking it afterwards is that you’re able to keep it and not worry that someone else might register it in the meantime if, for instance, the website for it is not ready yet. You are able to set a temporary Under Construction page for a parked Internet domain while you are working on your web site, or direct it to another web address - temporarily or permanently. The latter option can be used if you have already registered domain.com, for example, and you get domain.net and domain.org, so as to protect a brand name or a trademark. In such a case, the .net and .org domain addresses can be parked and directed to the .com since you do not need individual websites for them.