A domain name is a user-friendly and unique website address that you will be able to obtain for your web site. It maps a numeric IP address that is used to distinguish sites as well as units on the Internet and it is rather easy to remember or distribute. Each and every domain contains 2 parts - the specific name that you choose plus the extension. For example, in domain.com, “domain” is referred to as Second-Level Domain and it is the element you can select, whereas “.com” is the extension, that is also called Top-Level Domain (TLD). You are able to buy your new domain through any certified registrar company or move an existing one between registrars if the extension can support this option. Such a transfer does not change the possession of a domain name; the sole thing that changes is the place where you're able to take care of that domain. Most of the domain name extensions are available for registration by any kind of entity, yet a variety of country-code extensions have specific prerequisites such as local presence or a valid company registration.