The hosted domains feature of a hosting account indicates the number of registered domain names which you could add within the same account. Registering a domain address and hosting it are 2 totally different services although many people consider them to be the very same thing. While the registration means you become the owner of a specific domain name, the hosting aspect is what really permits you to have a web site because this is where your files and email messages are going to be. Because these are 2 different services, you'll be able to register a new domain with one company and host it with another by changing its name servers (DNS) - the domain name shall work in the exact same way just as if it was registered and hosted with the same company. Also, it is extremely important to know that changing the hosting means pointing the domain to another company and not transferring it.