A domain is an easy-to-use and distinctive web address which you will be able to get for your web site. It designates a numeric IP address that is applied to distinguish sites and / or devices on the World Wide Web but it's much easier to remember or distribute. Each and every domain name incorporates two different parts - the name that you choose and its extension. For instance, in domain.com, “domain” is called Second-Level Domain and it is the part you have the option to choose, whereas “.com” is the extension, that is known as Top-Level Domain (TLD). You are able to get a new domain through any licensed registrar organization or transfer an existing one between registrars if the extension can support this option. This type of a transfer doesn't change the ownership of a domain; the sole thing that changes is where you are able to handle that domain name. Most of the domain extensions are available for registration by all entities, however numerous country-code extensions have specific conditions like local presence or an active company registration.