What is the meaning of parking a website?

I have seen that in a post some one has posted saying that his website has been parked by the PR tool or google. What does it mean? Does the website get banned by google?

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My Blog About Interesting Things | Raju at Bukisa | Writing at Bukisa

Parked simply means that the webmaster hasn't uploaded anything yet/no website i.e. you only have the domain name.

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Free Directory Submissions

Yeap, and the saying "parked by the PR tool" means that you or your friend misunderstood the facts. If he parked his domain, this can grew his PR, because your domain become reachable to some keywords and it can generate some traffic. I am not very familiar, but if he use some service that give traffic to your site, it can improve its PR. If you ask me, it won't gonna happen.

If you are not using any website PR checker shows them as parked domain and i would say that you do not want to add website or any othr content to your site then i would be nice to park it with some parking domain service it can make you some good money.

http://my-e-space.com/parked.html explains parked domains fairly well.

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ScriptMan
Host unlimited domains as low as $2.95 month

If your website is parked and since it has no content if its parked, it will loose its PR eventually.

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It looks like for the PR to remain stable the webpage should keep its title as it is.

But anyway we can gain PR back by using a legal redirect from old to new url if old url has good backlinks.

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My Blog About Interesting Things | Raju at Bukisa | Writing at Bukisa