A parked domain address is one that's taken, yet it is not associated with another service - web or e-mail hosting. Essentially, this type of domain address will not open any actual content if you type it within an Internet browser, but nobody can take it as you've already registered it and you are its owner. The main advantage of obtaining a domain name and parking it afterwards is that you’re able to keep it and not worry that someone else might register it meanwhile if, for example, the site for it is not ready yet. You are able to set a temporary Under Construction webpage for a parked domain name while you are working on the website, or direct it to some other web address - temporarily or permanently. The latter option can be employed when you have already registered domain.com, for example, and you get domain.net and domain.org, in order to protect a brand name or a trademark. In this situation, the .net and .org domains can be parked and directed to the .com because you don't need different websites for them.