A domain name is an easy-to-remember and unique website address that you can get for your web site. It routes a numeric IP address that is employed to distinguish web sites and / or devices on the Internet and it is rather easy to remember or share. Each domain name contains two different parts - the specific name that you choose plus the extension. For instance, in domain.com, “domain” is termed Second-Level Domain and it's the part you will be able to select, while “.com” is the extension, that is also called Top-Level Domain (TLD). You will be able to register a new domain via any accredited registrar organization or relocate an active one between registrars when the extension allows this feature. This type of a transfer does not change the ownership of a domain; the only thing that changes is the place where you are able to handle that domain name. The majority of the domain name extensions are open for registration by all entities, but numerous country-code extensions have specific conditions for instance local presence or a valid business registration.