Sub domain is a subsidiary of the main domain. Eg:abc.hioxindia.com. Creation of sub domain is totally free.
Domain Parking is a method in which an already registered domain name is parked along with some other domain's hosting space. Usually, you can park a domain for free and it can be done from control panels. But parking domains cannot have their own web pages.
Add-on domains means additional domains hosted on the main domain's hosting space.
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