A domain is an easy-to-remember and unique web address that you'll be able to get for your website. It designates a numeric IP address that is used to identify web sites and / or devices on the World Wide Web but it's rather easy to remember or share. Every domain contains 2 parts - the name that you choose as well as the extension. To give an example, in domain.com, “domain” is known as Second-Level Domain and it is the part you're able to pick, whereas “.com” is the extension, which is referred to as 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 in case the extension allows this feature. Such a transfer does not change the possession of a domain name; the one thing that changes is where you are able to handle the domain. Almost all domain name extensions are available for registration by any kind of entity, yet a large number of country-code extensions have particular prerequisites such as regional presence or an active business registration.