There are two services that you need for a working site - a domain name plus a website hosting plan for it. Any time you type the Internet domain in your web browser, you see the content that’s uploaded in the website hosting account, but if that domain is not linked to such an account or to an e-mail service, it's parked. Put simply, the Internet domain is registered and you are its owner, but it doesn't have any content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” webpage from the registrar company, or it may be directed to some other URL of your choice. The benefit of parking a domain is that you can keep it and make certain that no one else is going to take it. Meanwhile, it will not occupy a slot for a hosted Internet domain inside your account. You may also park domains if you have a .com, for instance, and you register domain addresses with other extensions like .net, .org or country-code ones to direct them to the main website as a way to protect a brand name.