Domain name is the unique name that identifies an Internet site in the form of a series of alphanumeric strings separated by “.(dot)”, such as “www.domain-name.com”.
In the previous example “.com” is the Top Level Domain (TLD) while “domain-name.com” is the second level domain. In practice, both “domain-name.com” and “www.domain-name.com” are called domain names.
Beside “.com”, there are other TLDs available on the internet such as “.net”, “.org”, “.info”, “.mobi”, etc. Country codes such as “.ca” for Canada and “.uk” for the United Kingdom are widely used top level domains. Each country in the world has its own TLD.
Domain names must be registered, and some users will register many domain names, even though they have no intention of using them, simply to later sell at a profit or to prevent any competitor from using them.
Domain name is not the same with URL (Uniform Resource Locator). The difference between domain name, URL , and registered domain name can be shown by the following example:
URL: http://www.domain-name.com/index.html
Domain name: www.domain-name.com
Registered domain name: domain-name.
Because of the popular usage of domain names, the resale market (after-market) for generic domain names become a big business. Some domain names, such as the one that related to business, gambling, porn, and other commercially lucrative fields of digital world trade have become very much in demand to corporations and entrepreneurs due to their importance in attracting clients.
The most expensive public sale of an Internet domain name to date, according to DNJournal, is porn.com which was sold in 2007 for $9.5 million cash.
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