A domain name is an easy-to-use and distinctive website address that you're able to acquire for your site. It designates a numeric IP address that is applied to find sites as well as devices on the Internet and it is incredibly easier to remember or distribute. Each domain contains 2 parts - the actual name that you select as well as its extension. For example, in domain.com, “domain” is known as Second-Level Domain and it's the part you can select, and “.com” is the extension, which is also referred to as Top-Level Domain (TLD). You'll be able to buy your domain via any licensed registrar company or transfer an active one between registrars if the extension supports this option. Such a transfer doesn't change the ownership of your domain name; the one thing that changes is where you're able to take care of the domain name. Most domain name extensions are available for registration by any entity, but numerous country-code extensions have certain conditions for example local presence or a current company registration.