When you buy a domain name, essentially, you’re purchasing the right to use that particular domain in the future. In other words, when you buy a domain name, you’re buying rights to use that specific domain name in the future. You’re also purchasing the right to host that particular domain of a specific web hosting company. In other words, when you buy a domain name, you’re essentially purchasing some rights to the website to utilize later. In other words, when you buy a domain name, you’re purchasing the rights to the future of your website. So, when you buy a domain name, you’re purchasing the end of your online business.