A domain name is an easy-to-use and unique website address that you'll be able to obtain for your web site. It maps a numeric IP address that is used to identify websites and / or devices on the Internet and it is much simpler to remember or share. Every single domain name consists of two parts - the name that you select plus the extension. For example, in domain.com, “domain” is called Second-Level Domain and it's the part you are able to select, and “.com” is the extension, that is also known as Top-Level Domain (TLD). You'll be able to get a new domain name via any licensed registrar organization or move an existing one between registrars when the extension allows this feature. Such a transfer does not change the possession of a domain; the only thing that changes is where you are able to handle that domain name. Most domain name extensions are free for registration by any entity, however numerous country-code extensions have specific requirements like local presence or a current business registration.