Domain names
The term domain name has multiple related meanings:

A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN.
A Web page is a document, typically written in HTML, that is almost always accessible via HTTP, a protocol that transfers information from the Web server to display in the user's Web browser.

Domaining is the business of buying, selling, developing and monetizing Internet domain names. Such domain name portfolios often include cleverly chosen and highly marketable generic domain names, or domains whose registrations had lapsed yet still retain reasonable traffic. There is sometimes no actual intent to use any of the domain names with the exception of generating advertising revenue through domain parking.

Domaining is the business of buying, selling, developing and monetizing Internet domain names. Such domain name portfolios often include cleverly chosen and highly marketable generic domain names, or domains whose registrations had lapsed yet still retain reasonable traffic. There is sometimes no actual intent to use any of the domain names with the exception of generating advertising revenue through domain parking. Domain names are the addresses of the web and come in a wide variety of extensions (.com being the most popular).

Most of the NICs in the world receive an annual fee from a legal user in order for the legal user to utilize the domain name (i.e. a sort of a leasing agreement exists, subject to the registry's terms and conditions). Depending on the various naming convention of the registries, legal users become commonly known as "registrants" or as "domain holders".
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