A domain name is a user-friendly and distinctive website address which you will be able to obtain for your site. It routes a numeric IP address that is employed to distinguish sites and units on the Web and it's incredibly easier to remember or share. Every domain features two different parts - the specific name that you select as well as the extension. For example, in domain.com, “domain” is termed Second-Level Domain and it is the part you're able to choose, while “.com” is the extension, which is also identified as Top-Level Domain (TLD). You are able to purchase a new domain name through any accredited registrar organization or transfer an active one between registrars when the extension supports this function. Such a transfer does not change the ownership of your domain; the sole thing that changes is the place where you'll be able to handle the domain. Most of the domain extensions are open for registration by every entity, however various country-code extensions have particular conditions such as local presence or an active company registration.