If you want to register a domain name to make sure that nobody else will take it, but you haven't developed the site for it yet, you can park it. It's a service that registrar companies offer whenever a domain isn't linked to any web or e mail hosting service. This way, you are able to protect a brand name, for instance, and you'll own the domain in question although it won't open any content. If you want, you can choose some default template that the registrar offers, such as For Sale or Under Construction, you can also direct 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 every one of them to open the same website. As an illustration, you may register domain.net and domain.org, then park them and forward them to domain.com. In this example, you are going to need hosting for the third domain address only and the traffic to the other ones is going to be redirected to it.