A domain name is an easy-to-remember and unique web address which you are able to obtain for your site. It routes a numeric IP address that is applied to distinguish websites and / or units on the World Wide Web and it's quite easy to remember or share. Every single domain incorporates 2 parts - the actual name that you choose as well as the extension. For example, in domain.com, “domain” is referred to as Second-Level Domain and it's the part you'll be able to select, while “.com” is the extension, that is called Top-Level Domain (TLD). You'll be able to obtain a new domain via any accredited registrar company or transfer an existing one between registrars in case the extension can support this option. This type of a transfer does not change the ownership of your domain name; the sole thing that changes is the place where you are able to handle the domain. Most of the domain name extensions are available for registration by every entity, however numerous country-code extensions have particular requirements like local presence or a current business registration.