Techie question - domain name parking?

welnik

I wonder if anyone can help me with this query?

My husband has a little website for his business which was put together by myself, uploaded by me and all has been hunky doory.

I've purchased another domain name today for another business venture we are about to launch and from what I can make out, I should be able to use the hosting bit of my existing package. I want the user to type in my new domain name and for that to stay in the browser. I have had a look at my web provider's website and it says the following:-

What is possible

It is possible to point mutliple domains at the same hosting package, using our forwarding service. We support three types of forwarding, which work only for domains registered with us for which the "Free Forwarding" subscription has been selected.
Domain Parking

You can park a domain with no hosting, onto a domain with hosting. Visiting either domain displays the same website - essentially the parked domain becomes an alias for the original domain. Navigating from page to page keeps the initial domain name that was typed in, in the browsers address bar.
Standard Forwarding

You can forward a domain registered with us to another URL. For example, you could set up forwarding for www.domain1.com to redirect to www.domain2.com/otherpage.htm. Typing in www.domain1.com in the address bar redirects the browser to www.domain2.com/otherpage.htm and this destination address appears in the browsers address bar.
Framed Forwarding

You can forward a domain registered with us to another URL, but keep the original address in the address bar, masking the forwarding. The address in the bar does not change as visitors navigate from page to page.
What isn't possible

It's not possible to natively "partition" a hosting account, and have different domains pointing at different locations in your web space, without the use of forwarding.
For domains to have their own distinct content, hosting packages must be ordered for each domain.
Hosting lots of domains

If customers are looking to host large numbers of domains, and are looking for a single hosting package to cater for this offering economies of scale, we do offer "Multi-Domain Accounts". Please contact our sales department for more information.

All my domain names are with the same company. Can anyone translate what the above means?

Sorry to be thick, but I really am a novice.

thanks in anticipation.

cheers