The term “domaining” is used to describe the business of buying, selling, developing and monetizing Internet domain names. This is where the domain names are being used for investments instead of developing websites.
Think of it as Internet real estate if you like. The person involved in this business is usually referred to as a “domainer”. He/she invests in domain names with the hope of selling them for a profit to an “end-user” or even to other domainers.
You can think of it as buying empty land, not for the purpose of building a house on it, but as an investment with the view to sell to someone who has might want to build on it.
See the related content below for more information.