A domain name is an easy-to-remember and unique web address which you will be able to get for your website. It maps a numeric IP address that is employed to distinguish sites as well as units on the World Wide Web but it's incredibly easier to remember or share. Every domain consists of 2 parts - the specific name that you select plus its extension. For instance, in domain.com, “domain” is termed Second-Level Domain and it's the part you have the option to pick, whereas “.com” is the extension, that is known as Top-Level Domain (TLD). You are able to buy a new domain name through any licensed registrar organization or move an existing one between registrars when the extension allows this function. Such a transfer does not change the possession of a domain name; the only thing that changes is the place where you will be able to control the domain. Almost all domain name extensions are open for registration by every entity, yet numerous country-code extensions have specific conditions such as regional presence or a valid company registration.