A domain name is an easy-to-use and distinctive web address which you are able to acquire for your web site. It maps a numeric IP address that is used to find web sites and devices on the World Wide Web and it is quite easy to remember or share. Every domain contains 2 parts - the particular name that you select and the extension. For example, in domain.com, “domain” is called Second-Level Domain and it is the element you'll be able to choose, and “.com” is the extension, which is also identified as Top-Level Domain (TLD). You will be able to register a new domain via any certified registrar organization or transfer an existing one between registrars when the extension can support this option. Such a transfer does not change the ownership of a domain name; the only thing that changes is where you are able to control the domain name. Almost all domain name extensions are available for registration by every entity, yet a large number of country-code extensions have certain requirements such as local presence or an active business registration.