A domain name is an easy-to-remember and distinctive website address that you will be able to obtain for your web site. It maps a numeric IP address that is employed to distinguish websites as well as devices on the Internet yet it's rather easy to remember or share. Every domain consists of two parts - the actual name that you select plus its extension. For instance, in domain.com, “domain” is known as Second-Level Domain and it's the part you will be able to select, whereas “.com” is the extension, which is called Top-Level Domain (TLD). You can register a new domain through any accredited registrar organization or transfer an existing one between registrars when the extension allows this function. Such a transfer doesn't change the ownership of a domain name; the thing that changes is the place where you'll be able to manage that domain. The vast majority of the domain name extensions are open for registration by all entities, however various country-code extensions have particular conditions for instance regional presence or an active business registration.