There are two separate services that you’ll need for a working site - a domain and a hosting plan for it. Each time you type the domain in your browser, you see the content that’s uploaded in the website hosting account, but if that Internet domain is not linked to such an account or to an email service, it's parked. In other words, the domain is registered and you are its owner, but it doesn't have any content of its own. Instead, it can open either a pre-made “Under Construction / For Sale” Internet page from the registrar company, or it could be directed to some other URL of your choice. The advantage of parking a domain is that you can keep it and make sure that no one else is going to take it. In the meantime, it will not take a slot for a hosted Internet domain within your account. You could also park domains if you have a .com, for instance, and you register domains with other extensions like .net, .org or country-code ones to direct them to the main web site in order to protect a brand name.