When you register or book a domain name then you need to run that domain from a space area from server. That space which contain the files is called Hosting. Hosting Service will store your website files and web world access it from anywhere using the IP location. Lots of company charging different price on the basis of there server configuration and service.
For example if you design a website in local PC and after that you wish to put it on live, so your friends will see this you have to first register a domain . After purchasing this you have to purchase the best web hosting service or hosting space a hard disk to run your website.
