Domain Name System, or DNS, is the most recognized system for assigning addresses to Internet web servers (aka “Internet hosts”). Somewhat like international phone numbers, the domain name system helps to give every Internet server a memorable and easy-to-spell address. Simultaneously, the domain names keep the really technical IP Address invisible for most viewers..

Some example Internet domain names:

KabulFriends.com

Cpanels.co.uk

OurFreeSMS.com

FifaClub.co.uk

UfoneClub.com

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http://netforbeginners.about.com/od/d/f/domain_name.htm