A domain is a user-friendly and unique website address that you are able to get for your site. It designates a numeric IP address that is employed to distinguish sites as well as units on the World Wide Web but it's incredibly easier to remember or share. Each domain name includes 2 parts - the name that you choose plus its extension. To give an example, in domain.com, “domain” is known as Second-Level Domain and it is the part you can select, whereas “.com” is the extension, that is identified as Top-Level Domain (TLD). You'll be able to register a new domain name via any licensed registrar company or move an existing one between registrars if the extension supports this option. Such a transfer does not change the ownership of a domain; the one thing that changes is the place where you are able to control the domain. The vast majority of the domain name extensions are available for registration by every entity, but a large number of country-code extensions have certain requirements for example regional presence or a valid company registration.