A domain name is an easy-to-use and unique web address which you're able to acquire for your site. It routes a numeric IP address that is employed to find sites and / or devices on the World Wide Web but it is rather easy to remember or distribute. Every domain includes two parts - the name that you choose and its extension. For example, in domain.com, “domain” is referred to as Second-Level Domain and it's the element you can choose, while “.com” is the extension, that is also called Top-Level Domain (TLD). You can get your new domain through any certified registrar company or transfer an active one between registrars in case the extension allows this function. Such a transfer does not change the ownership of your domain; the only thing that changes is the place where you are able to control that domain. The vast majority of the domain name extensions are free for registration by any entity, but a large number of country-code extensions have certain prerequisites like local presence or an active company registration.