If you want to register a domain name to make certain that no one else is going to take it, but you have not built the website for it yet, you may park it. This is a feature that registrar companies offer when a domain name is not linked to any web or e-mail hosting service. This way, you are able to protect a brand name, for example, and you'll own the domain address in question even though it won't open any content. If you'd like, you may choose some default template that the registrar offers, such as For Sale or Under Construction, you can also forward the domain name to an alternative web address. The second option is very useful in case you own a number of domains, but you want all of them to open the same website. For example, you may register domain.net and domain.org, then park them and forward them to domain.com. In this example, you will need hosting for the third domain address only and the traffic to the other ones is going to be redirected to it.