Domain Parking vs. a Parked Domain
When domain registrars offer domain parking, they are offering to park your domain on their servers and direct traffic to a page of their choice. This is a good temporary solution if you don’t have a web hosting account, but it is very restrictive.
Domain parking refers to the registration of an internet domain name without that domain being associated with any services such as e-mail or a website. This may have been done with a view to reserving the domain name for future development, and to protect against the possibility of cybersquatting. Since the domain name registrar will have set name servers for the domain, the registrar or reseller potentially has use of the domain rather than the final registrant.