A domain name is a distinctive address that you're able to obtain via a registrar company. All of the units that are connected to the World-Wide Web, such as web servers, possess numeric addresses, or IP addresses, which are pretty difficult to remember, for this reason the domain name system was introduced as an easy means to identify some website on the Web. In this way, your site is available at www.domain.com as an alternative to 220.127.116.11, for example. A domain name possesses two separate parts - the Second-Level Domain, which is the actual web site name that you will be able to pick, as well as the Top-Level Domain, which is the extension - .com, .net, .org and so on. You're able to register a new domain name from any registrar or transfer an existing domain between registrars in a couple of simple steps. When you choose to do the latter, your domain name shall be renewed immediately by the gaining registrar the moment the transfer process is carried out. Along with the universal Top-Level Domains, there're country-code ones as well. Many of them can be registered by anyone, while others require regional presence or even a business license.