A domain name is a user-friendly and unique web address which you are able to get for your site. It maps a numeric IP address that is applied to find sites and devices on the Web and it's rather easy to remember or distribute. Each domain incorporates two parts - the actual name that you choose and its extension. For instance, in domain.com, “domain” is referred to as Second-Level Domain and it is the element you have the option to choose, while “.com” is the extension, that is known as Top-Level Domain (TLD). You'll be able to purchase your new domain name through any licensed registrar company or transfer an existing one between registrars if the extension supports this function. Such a transfer doesn't change the possession of a domain name; the only thing that changes is where you will be able to control the domain. Most of the domain name extensions are open for registration by any entity, however a variety of country-code extensions have particular conditions for example local presence or a current business registration.