A domain name is a user-friendly and distinctive web address which you can get for your site. It designates a numeric IP address that is used to identify web sites and devices on the World Wide Web yet it's easier to remember or distribute. Every single domain incorporates two separate parts - the actual name that you choose and its extension. For instance, in domain.com, “domain” is termed Second-Level Domain and it is the element you have the option to choose, whereas “.com” is the extension, which is identified as Top-Level Domain (TLD). You can register your domain via any licensed registrar company or move an active one between registrars if the extension supports this option. This type of a transfer does not change the ownership of a domain name; the one thing that changes is the place where you'll be able to take care of the domain name. The majority of the domain extensions are available for registration by every entity, however a number of country-code extensions have certain prerequisites such as local presence or a valid business registration.