A domain name is a user-friendly and unique web address that you're able to acquire for your web site. It maps a numeric IP address that is employed to identify websites and / or units on the World Wide Web and it is quite easy to remember or share. Each domain name features two separate parts - the actual name that you choose and its extension. For instance, in domain.com, “domain” is called Second-Level Domain and it is the part you can choose, whereas “.com” is the extension, that is identified as Top-Level Domain (TLD). You are able to purchase a brand new domain name through any certified registrar company or transfer an existing one between registrars in case the extension can support this option. Such a transfer does not change the ownership of your domain name; the one thing that changes is the place where you're able to handle the domain. Most domain extensions are available for registration by all entities, however a variety of country-code extensions have certain prerequisites like regional presence or an active company registration.