What is a 'New gTLD'?

What is a 'New gTLD'?

A "new gTLD" is a generic top-level domain that was approved by ICANN (the Internet Corporation for Assigned Names and Numbers) following an application process in 2012 to create alternatives to .com, .net, .org and other preexisting extensions. Interestingly, some of the new gTLDs are not -- despite what the name may indicate -- generic.