A unique designator on the Internet made up of symbols separated by dots, such as
This.is.a.sample.domain.name.com
The individual words or characters between the dots are called labels. The label furthest right represents the top level domain, com, org, uk and so on. The second most right represents the second level of domain, or "second level domain."
Other terms are child and parent.
Scrooge.com is the parent of Cratchet.Scrooge.com
Scrooge.com is the child of com.
There are certain rules required in domain name creation.