Domain Registration
Domain registration is the process of reserving a domain name on the internet for a specified period (typically 1-10 years) through an ICANN-accredited [[registrar]]. Registration gives the [[registrant]] exclusive rights to use that domain name.
Example
Registering example.com through a registrar like Namecheap for 1 year costs about $8-15, giving you exclusive rights to use that domain.
Referenced in Guides
Choosing the Right TLD