A domain is a distinctive address that you are able to acquire through a registrar company. All the units which are linked to the World-Wide Web, such as web servers, possess numeric addresses, or IP addresses, which are quite hard to remember, because of this the domain system was introduced as an easy way to distinguish a particular website on the Web. Thus, your website can be reached at www.domain.com as an alternative to 123.123.123.123, for example. Your domain name has 2 parts - the Second-Level Domain, that is the actual web site name that you'll be able to select, plus the Top-Level Domain, that is the extension - .com, .net, .org and so on. You can register a new domain name via any kind of registrar or transfer an existing domain name between registrars in a couple of easy steps. If you decide to do the latter, your domain name shall be renewed instantly by the gaining registrar the moment the transfer process has been finalized. In addition to the generic Top-Level Domains, there are country-code ones too. Some of them can be registered by anyone, while some others need regional presence or even a business license.