A domain name is an easy-to-remember and unique web address which you're able to acquire for your site. It maps a numeric IP address that is used to distinguish web sites and units on the Internet but it's easier to remember or share. Each and every domain name includes two different parts - the specific name that you select as well as its extension. To give an example, in domain.com, “domain” is referred to as Second-Level Domain and it is the element you're able to choose, and “.com” is the extension, that is also referred to as Top-Level Domain (TLD). You'll be able to register a new domain name through any licensed registrar company or relocate an existing one between registrars if the extension allows this function. This type of a transfer doesn't change the possession of a domain; the thing that changes is the place where you'll be able to manage that domain name. The vast majority of the domain name extensions are free for registration by every entity, yet a large number of country-code extensions have specific requirements such as regional presence or an active business registration.