A domain name is an easy-to-use and distinctive web address which you are able to get for your web site. It designates a numeric IP address that is employed to distinguish web sites and / or devices on the World Wide Web and it is easier to remember or share. Each domain includes two parts - the particular name that you choose and its extension. To give an example, in domain.com, “domain” is termed Second-Level Domain and it's the element you have the option to choose, and “.com” is the extension, which is identified as Top-Level Domain (TLD). You'll be able to buy a new domain via any licensed registrar organization or relocate an active one between registrars if the extension can support this feature. This type of a transfer does not change the ownership of your domain; the sole thing that changes is where you can handle that domain. Most domain extensions are open for registration by any kind of entity, but a large number of country-code extensions have particular conditions like regional presence or an active company registration.