A domain is a user-friendly and unique web address which you will be able to acquire for your website. It routes a numeric IP address that is applied to identify web sites as well as units on the Internet but it is incredibly easier to remember or distribute. Each domain name consists of two separate parts - the specific name that you select plus the extension. For example, in domain.com, “domain” is termed Second-Level Domain and it's the element you will be able to select, and “.com” is the extension, that is also called Top-Level Domain (TLD). You will be able to purchase your domain name via any certified registrar organization or transfer an existing one between registrars in case the extension supports this function. This type of a transfer does not change the possession of your domain name; the only thing that changes is the place where you will be able to take care of that domain. Almost all domain name extensions are open for registration by every entity, however numerous country-code extensions have certain prerequisites such as local presence or a valid business registration.