A domain is an easy-to-remember and distinctive web address that you can obtain for your web site. It maps a numeric IP address that is used to find sites as well as units on the World Wide Web yet it's easier to remember or distribute. Every domain name consists of two parts - the name that you select as well as the extension. For instance, in domain.com, “domain” is referred to as Second-Level Domain and it's the part you can pick, and “.com” is the extension, which is called Top-Level Domain (TLD). You will be able to purchase your new domain name via any certified registrar company or relocate an active one between registrars in case the extension allows this feature. This kind of a transfer doesn't change the possession of your domain name; the thing that changes is the place where you are able to take care of that domain name. Almost all domain name extensions are open for registration by any entity, however a number of country-code extensions have certain requirements for instance regional presence or an active company registration.