There are two separate services that you’ll need for a working website - a domain plus a hosting plan for it. Any time you type the domain in your browser, you see the content that’s uploaded in the web hosting account, but if that Internet domain is not linked to such an account or to an email service, it's parked. To put it differently, the domain name 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” page from the registrar company, or it can be directed to any other URL of your choice. The advantage of parking a domain is that you can keep it and make certain that nobody else is going to take it. In the meantime, it's not going to occupy a slot for a hosted domain address within your account. In addition, you can park domains if you have a .com, for instance, and you register domain names with other extensions such as .net, .org or country-code ones to forward them to the main website so as to protect a brand name.