A domain name is an easy-to-remember and unique web address that you will be able to obtain for your website. It designates a numeric IP address that is used to identify websites and / or devices on the Internet and it is rather easy to remember or share. Every single domain features two different parts - the particular name that you select plus the extension. For example, in domain.com, “domain” is termed Second-Level Domain and it's the element you are able to pick, while “.com” is the extension, which is called Top-Level Domain (TLD). You are able to purchase your domain name through any licensed registrar company or move an active one between registrars in case the extension can support this feature. Such a transfer doesn't change the possession of your domain; the only thing that changes is the place where you'll be able to handle the domain name. Most domain name extensions are available for registration by all entities, yet various country-code extensions have particular conditions for instance regional presence or a valid company registration.