What is DNS parking?

What is DNS parking? DNS means Domains Name Server.In the Web hosting business, DNS parking is a service that the Web host will offer to its clients as a way of securing a domain name for future use. The Web host registers the domain name with the InterNIC and "parks" the domain name on a server until it is ready to be made active. By doing this, the Web host ensures the availability of the domain name for the client's future use so that another individual or company cannot register that same domain name.