.biz is a generic top-level domain intended for domains to be used by businesses; the name is a phoenetic spelling of the first syllable of "business". It was created to relieve some of the demand for the finite domain names available in the .com top-level domain, and to provide an alternative to businesses whose preferred .com domain name had already been registered by another party. There are no specific legal or geographic qualifications to register a .biz domain name, except that it must be for "bona fide business or commercial use" (i.e. no personal or "soap box" sites, and no cybersquatting), and the usual legal remedies for trademark infringement are applicable. It was created in 2001 along with several others as the first batch of new gTLDs approved by ICANN following the boom in interest in the internet in the 1990s. It is administered by Neulevel , with registration available through ICANN-accredited registrars.
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