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A sponsored top-level domain is a generic top-level domain proposed by an independent agency, with that agency establishing and enforcing rules restricting the eligibility of registrants to use the TLD. For example, the .aero TLD is sponsored by the Société Internationale de Télécommunications Aéronautiques, who limits registrations to members of the air-transport industry.
In addition to purchases of individual domain name, several attempts have been made by larger corporations to profit from users' typos by redirecting them without their knowledge.
RegistrantMost 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".
"Typosquatting" is a meaningless term where the law is concerned. Laws generally are not concerned about registrations of domain names that are similar to other domain names or similar to existing trademarks, unless some other important factor is involved.
