In fact, purchasing a domain name today may be expensive in case that you do not find any that is available. The domain name extension is also that necessary in choosing the right website domain name. You should then be aware of the types of the domain name extensions or top level domain names and also its uses for you to pick up the right one. com domain will have five to ten times or maybe more the value of the same with any other top level domain name. It is in fact noted that those .com domain names really worth millions than nay other extension. So if you know that your domain name is .com, there is a great possibility that your domain name value is high. One of those is a registrant domain name transfer, and the other one is the registrar domain name transfer. In terms of the registrant domain name transfer, it is considered that this kind of domain name transfer takes place when the current registrant of a domain name wanted to transfer all the domain name rights to a third party. So today, many domain name registrars have told the domain name holders to pay the renewal or registration fees for the reason that they have only a few days left to hand over the cash. And the concept of domain name auction came out when the money is not forthcoming. With this domain name auction, thousands of people are expected to come under the hammer. For your information, the acronym IP stands for Internet Protocol. This is so called as domain name IP address for the reason that this is the numeric address of any domain on the internet. As it is commonly noted, domain name IP addresses are much similar with telephone numbers. I am sure that you know that there is a common name listed in the phonebook that is associated with a long string of numerals pertaining to a specific telephone. When the expired domain name reached at the said "domain name grace period" with approximately 40 days after it becomes noted as "expired domain name", the domain name will not be active and may be renewed without paying any additional fees. And after such period for the expired domain name, here comes the next domain name expiration period which is termed as the "domain name redemption period".