A domain name is an easy-to-use and distinctive web address which you can get for your web site. It routes a numeric IP address that is applied to identify sites and / or devices on the Internet and it is easier to remember or distribute. Every single domain contains two parts - the actual name that you select plus its extension. For instance, in domain.com, “domain” is referred to as Second-Level Domain and it's the part you are able to pick, and “.com” is the extension, that is identified as Top-Level Domain (TLD). You will be able to acquire your domain through any licensed registrar company or relocate an existing one between registrars if the extension allows this option. This kind of a transfer doesn't change the ownership of your domain; the sole thing that changes is where you will be able to manage the domain. The vast majority of the domain name extensions are available for registration by any entity, however a large number of country-code extensions have specific requirements like local presence or a valid company registration.