There are two separate services that you’ll need for a working website - a domain plus a web hosting plan for it. When you type the Internet domain in your browser, you see the content that’s uploaded within the web hosting account, but if that domain name is not linked to such an account or to an e-mail service, it is parked. To put it differently, the domain is registered and you're its owner, but it doesn't have any content of its own. Rather, it can open either a pre-made “Under Construction / For Sale” page from the registrar company, or it may be directed to some other URL of your choice. The main advantage of parking a domain address is that you can keep it and make sure that nobody else is going to take it. At the same time, it's not going to block a slot for a hosted Internet domain within your account. You can also park domain names if you have a .com, for instance, and you register domain addresses with other extensions such as .net, .org or country-code ones to forward them to the main web site in order to protect a brand name.