A domain is an easy-to-remember and distinctive web address which you will be able to obtain for your website. It designates a numeric IP address that is employed to distinguish sites as well as devices on the Internet and it's rather easy to remember or distribute. Every single domain name consists of 2 parts - the specific name that you select and the extension. For example, in domain.com, “domain” is termed Second-Level Domain and it's the element you have the option to pick, while “.com” is the extension, which is identified as Top-Level Domain (TLD). You are able to register a brand new domain through any licensed registrar company or relocate an existing one between registrars in case the extension allows this option. Such a transfer doesn't change the possession of a domain; the thing that changes is the place where you're able to handle that domain name. Almost all domain extensions are open for registration by every entity, yet a large number of country-code extensions have certain requirements for instance local presence or a valid company registration.