By eHow Internet Editor
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A domain name is a meaningful word or phrase Internet surfers use to identify a website. It masks a website's real ID, which is its IP address. Many people buy domain names, often in bulk, to sell them for a profit. They view domain names as pieces of real estate in cyberland that can gain value. For example, Creditcards.com was bought for $35 but recently sold for $2.75 million.
eHow Internet Editor