A domain name is an easy-to-remember and unique website address that you're able to get for your website. It maps a numeric IP address that is applied to distinguish websites and / or units on the World Wide Web and it is much easier to remember or share. Every domain name contains two separate parts - the actual name that you choose plus the extension. To give an example, in domain.com, “domain” is referred to as Second-Level Domain and it is the part you are able to select, and “.com” is the extension, that is referred to as Top-Level Domain (TLD). You will be able to register a brand new domain through any certified registrar company or transfer an existing one between registrars in case the extension allows this feature. This type of a transfer doesn't change the ownership of your domain; the only thing that changes is the place where you're able to manage that domain name. The majority of the domain name extensions are free for registration by every entity, but numerous country-code extensions have specific requirements such as regional presence or an active company registration.