A domain is a user-friendly and distinctive website address that you can obtain for your web site. It maps a numeric IP address that is employed to identify sites and / or devices on the World Wide Web yet it is much simpler to remember or distribute. Each domain consists of two parts - the actual name that you choose and the extension. For instance, in domain.com, “domain” is referred to as Second-Level Domain and it is the part you can choose, while “.com” is the extension, that is also referred to as Top-Level Domain (TLD). You are able to register a new domain name via any accredited registrar company or relocate an active one between registrars if the extension supports this option. Such a transfer doesn't change the ownership of a domain name; the one thing that changes is the place where you'll be able to handle that domain name. Most domain extensions are free for registration by every entity, but numerous country-code extensions have certain requirements for instance local presence or an active business registration.