A domain name is a user-friendly and distinctive website address that you are able to obtain for your site. It maps a numeric IP address that is applied to find websites and / or units on the World Wide Web and it is incredibly easier to remember or distribute. Every domain consists of two different parts - the actual name that you choose plus its extension. For instance, in domain.com, “domain” is referred to as Second-Level Domain and it is the element you can choose, while “.com” is the extension, which is also identified as Top-Level Domain (TLD). You'll be able to purchase a new domain through any accredited registrar organization or move an existing one between registrars when the extension allows this feature. This type of a transfer does not change the possession of a domain name; the only thing that changes is the place where you are able to handle the domain name. The vast majority of the domain name extensions are available for registration by any kind of entity, however various country-code extensions have certain prerequisites like regional presence or an active business registration.