What is domain parking?

[fergalezras]

Domain parking is the registration of a domain name not be used as a web site or services such as e-mail. Domains can be parked before a web site is prepared for launch. you and the web hosting provider to both make money from domain parking,

[fredcasal83]

An inexpensive way to secure a domain name for re-sale, web traffic redirection, or later development is domain parking. Domain sellers or registrants offer free domain parking along with domain registration.

[dylonmatt85]

I think this is a concept pertaining to your right to park your domain prior to its launch. This is a money-making process which could enable you to earn money from domain names which you just purchased and registered.