If you'd like to register a domain name to ensure that nobody else will take it, however, you have not created the website for it yet, you can park it. This is a feature that registrar companies offer if a domain address isn't linked to any web or e mail hosting service. That way, you are able to protect a brand name, for example, and you'll own the domain in question even though it will not open any content. If you want, you can select some standard template that the registrar provides, like For Sale or Under Construction, alternatively you can forward the domain name to a new web address. Your second option is very useful in case you own a number of domain names, but you want each and every one of them to open the same website. As an illustration, you can register domain.net and domain.org, then park them and forward them to domain.com. In this example, you're going to need hosting for the third domain address only and the traffic to the other ones will be redirected to it.