A domain name is an easy-to-use and unique website address that you will be able to get for your site. It maps a numeric IP address that is applied to identify websites and units on the Internet yet it's easier to remember or distribute. Each domain name consists of 2 parts - the particular name that you choose and the extension. For example, in domain.com, “domain” is called Second-Level Domain and it's the part you have the option to choose, whereas “.com” is the extension, which is called Top-Level Domain (TLD). You'll be able to obtain your domain name via any accredited registrar company or transfer an active one between registrars in case the extension can support this function. This kind of a transfer does not change the possession of your domain; the one thing that changes is where you are able to handle that domain. The majority of the domain name extensions are available for registration by all entities, however a large number of country-code extensions have certain conditions such as local presence or a current business registration.