A domain name is an easy-to-remember and unique web address which you will be able to acquire for your site. It routes a numeric IP address that is applied to distinguish sites and / or units on the Internet and it's rather easy to remember or share. Every domain name incorporates 2 parts - the actual name that you choose plus the extension. For instance, in domain.com, “domain” is referred to as Second-Level Domain and it's the part you can pick, while “.com” is the extension, that is also called Top-Level Domain (TLD). You're able to obtain a brand new domain name through any accredited registrar company or move an active one between registrars in case the extension supports this option. This type of a transfer does not change the possession of your domain name; the sole thing that changes is the place where you're able to handle the domain. The vast majority of the domain extensions are free for registration by any kind of entity, however a large number of country-code extensions have specific prerequisites like local presence or a valid business registration.