A domain is a user-friendly and unique website address which you'll be able to obtain for your site. It maps a numeric IP address that is used to identify websites as well as units on the Internet yet it's rather easy to remember or distribute. Each and every domain contains two different parts - the specific name that you select as well as its extension. For instance, in domain.com, “domain” is known as Second-Level Domain and it is the part you will be able to select, and “.com” is the extension, that is referred to as Top-Level Domain (TLD). You'll be able to purchase a new domain through any licensed registrar company or move an existing one between registrars if the extension allows this option. This type of a transfer does not change the possession of a domain name; the one thing that changes is where you'll be able to handle the domain name. Most domain extensions are free for registration by all entities, but a large number of country-code extensions have particular requirements for instance local presence or a valid company registration.