A domain name is a user-friendly and distinctive website address which you are able to obtain for your site. It designates a numeric IP address that is used to distinguish sites as well as units on the Internet but it's rather easy to remember or distribute. Each and every domain name incorporates two parts - the name that you select plus its extension. To give an example, in domain.com, “domain” is known as Second-Level Domain and it is the part you'll be able to choose, while “.com” is the extension, that is also called Top-Level Domain (TLD). You're able to buy your new domain name via any licensed registrar organization or move an existing one between registrars when the extension can support this feature. This kind of a transfer doesn't change the possession of a domain; the thing that changes is the place where you will be able to manage the domain name. Most of the domain name extensions are free for registration by any kind of entity, but a number of country-code extensions have specific prerequisites such as regional presence or an active business registration.