Many organizations use multiple software systems for management.[citation needed] Different software systems often need to exchange data with each other, and a Web service is a method of communication that allows two software systems to exchange this data over the Internet. The software system that requests data is called a service requester, whereas the software system that would process the request and provide the data is called a service provider.
What is common for all web services is that they are the machine-readable equivelant to the webpages the site otherwise offers. This means that others who wish to use the data can send a request to get certain data back that is easy to parse and use. Some sites may require you to provide a username/password in the request, for sensitive data, while other sites allow anyone to extract whatever data they might need.
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Now we discussed in the previous topic about WSDL and how it contains information on what the Web service actually does. But how can a client application locate a WSDL file to understand the various operations offered by a web service? So UDDI is the answer to this and provides a repository on which WSDL files can be hosted. So the client application will have complete access to the UDDI, which acts as a database containing all the WSDL files.
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A web service is something that a website chooses to offer to those who wish to read, update and/or delete data from your website. You might call it a "backdoor" to your data. Instead of presenting the data as part of a webpage it is provided in a pre-determined way where some of the more popular are XML and JSON. There are several ways to communicate with a webservice, some use SOAP, others have REST'ful web services, etc. 

Every website on the internet has a unique IP address assigned to it, made up of a series of numbers. These numbers tell the domain name system (DNS) to locate the corresponding website. As we are humans and not computers, IP addresses are difficult to remember and so words are used instead. These words are known as the domain or URL. The DNS looks at the domain name and translates it into an IP address.
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A web service always hides the internal complexity of the service to its clients. For an example, an airliner which is selling tickets via a third party portal is only gathering end user info via a web service and in return it is providing ticket. The portal which is selling ticket doesn't have to bother about the internal complexity of the airlines ticket reservation systems.
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Web services are a key component in "mashups". Mashups are when information from many websites is automatically aggregated into a new and useful service. For example, there are sites that aggregate Google Maps with information about police reports to give you a graphical representation of crime in your area. Another type of mashup would be to take real stock data provided by another site and combine it with a fake trading application to create a stock-market "game". 

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Synchronous or Asynchronous functionality- Synchronicity refers to the binding of the client to the execution of the service. In synchronous operations, the client will actually wait for the web service to complete an operation. An example of this is probably a scenario wherein a database read and write operation are being performed. If data is read from one database and subsequently written to another, then the operations have to be done in a sequential manner. Asynchronous operations allow a client to invoke a service and then execute other functions in parallel. This is one of the common and probably the most preferred techniques for ensuring that other services are not stopped when a particular operation is being carried out.
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Secondly, the client application needs to know what the web service actually does, so that it can invoke the right web service. This is done with the help of the WSDL, known as the Web services description language. The WSDL file is again an XML-based file which basically tells the client application what the web service does. By using the WSDL document, the client application would be able to understand where the web service is located and how it can be utilized.
A web service is a collection of open protocols and standards used for exchanging data between applications or systems. Software applications written in various programming languages and running on various platforms can use web services to exchange data over computer networks like the Internet in a manner similar to inter-process communication on a single computer. This interoperability (e.g., between Java and Python, or Windows and Linux applications) is due to the use of open standards.
A domain name is one of the most important aspects of a website. Think of it as your identity. All of your website’s pages will have the domain name in their address. No matter what step you’re at in your project, you should be proactive about purchasing the right name with a fitting TLD. It’s a small investment that can greatly improve your digital presence. Consider also buying common errors and variations of your domain name as well, then redirecting them to your primary site. This ensures all potential traffic reaches you.
Domain names are created to make IP addresses easy to remember. Every computer has an IP address assigned to it - much like a street address. But instead of having to memorize each IP address number, we assign domain names to these numbers so we can easily remember them. The domain name system, or DNS, takes domain names and translates them into their IP addresses so that computers can communicate with one another.
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A developer using a top-down model writes the WSDL document first and then uses a code generating tool to produce the class skeleton, to be completed as necessary. This model is generally considered more difficult but can produce cleaner designs and is generally more resistant to change. As long as the message formats between the sender and receiver do not change, changes in the sender and receiver themselves do not affect the Web service. The technique is also referred to as contract first since the WSDL (or contract between sender and receiver) is the starting point.[6]
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If you are looking for a domain, WhoIs domain lookup can tell you if it's already owned by another entity and provide contact information for the domain name owner. WhoIs domain information can help you determine the proper contact for any domain listed in the Whois database. A WhoIs lookup identifies the administrator contact information, billing contact and the technical contact for each domain name listing or IP in the WhoIs database. A WhoIs IP search can also help you potentially determine the source of spam and other details related to a website.
A web service is a collection of open protocols and standards used for exchanging data between applications or systems. Software applications written in various programming languages and running on various platforms can use web services to exchange data over computer networks like the Internet in a manner similar to inter-process communication on a single computer. This interoperability (e.g., between Java and Python, or Windows and Linux applications) is due to the use of open standards.
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Back in the early days of the internet, there was a standardized cost of about $70 with $35 annual renewal fee. Now, there’s no one answer for how much a domain name should cost. As a general rule, you can get a domain from a registrar for around $15 a year, but the actual price you pay can vary significantly. Sometimes you can get a domain for free as part of a hosting package; on the other end of the spectrum, you can pay tens of thousands of dollars to secure a high-value domain from its current owners. As with art, the value of a domain name is however much a buyer will pay for it.
Sorry Jezelll, had to throw a downvote. This is not what I would consider 'plain english' :( I don't have a problem with the intent of your definition, but using words like 'operation', 'remote server', 'invoked' and 'specification' makes it hard for beginners to understand. See Mitchel Sellers answer as an example of 'plain english'. – Dhaust Jun 30 '09 at 23:53
Domain names are created to make IP addresses easy to remember. Every computer has an IP address assigned to it - much like a street address. But instead of having to memorize each IP address number, we assign domain names to these numbers so we can easily remember them. The domain name system, or DNS, takes domain names and translates them into their IP addresses so that computers can communicate with one another.
^ Oya, Makoto (2008-09-02). "Autonomous Web Services Based on Dynamic Model Harmonization". In Oya, Makoto; Uda, Ryuya; Yasunobu, Chizuko (eds.). Towards Sustainable Society on Ubiquitous Networks: The 8th IFIP Conference on E-Business, E-Services, and E-Society (I3E 2008), September 24 – 26, 2008, Tokyo, Japan. IFIP Advances in Information and Communication Technology. 286. Springer Science & Business Media (published 2008). p. 139. ISBN 9780387856902. Retrieved 2015-08-19.

The Internet Corporation for Assigned Names and Numbers (ICANN) is the organization that governs the rules and regulations for domain name registrations. ICANN requires, for various reasons including to determine ownership of a domain should a dispute transpire, that a publicly accessible database be maintained that contains the contact information of all domain registrants. In layman's terms this means your domain name will be searchable by anyone and those search results will include your full name, physical address and other contact information. In order to protect your privacy in this regard, Domain.com offers WHOIS Domain Privacy which then masks your information using our own and implements a procedure for you to control who is able to then gain access to your contact information via a WHOIS search. Whenever you buy a domain name, no matter what domain name registration service you use, you are subject to the same ICANN rules, for this reason it is important to use a reputable service who cares about your privacy. Domain.com always recommends enabling WHOIS Domain Privacy.
Web services are a type of internet software that use standardized messaging protocols and are made available from an application service provider’s web server for use by a client or other web-based programs. Web services can range from major services such as storage management or customer relationship management (CRM) down to much more limited services such as the furnishing of a stock quote or the checking of bids for an auction item. The term is sometimes also referred to as application services.
A web service is any piece of software that makes itself available over the internet and uses a standardized XML messaging system. XML is used to encode all communications to a web service. For example, a client invokes a web service by sending an XML message, then waits for a corresponding XML response. As all communication is in XML, web services are not tied to any one operating system or programming language—Java can talk with Perl; Windows applications can talk with Unix applications.
Web services use something known as SOAP (Simple Object Access Protocol) for sending the XML data between applications. The data is sent over normal HTTP. The data which is sent from the web service to the application is called a SOAP message. The SOAP message is nothing but an XML document. Since the document is written in XML, the client application calling the web service can be written in any programming language.
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Web services allow different organizations or applications from multiple sources to communicate without the need to share sensitive data or IT infrastructure. All information is instead shared through a programmatic interface across a network. This interface can then be added to a GUI, like a web page, to deliver specific functionality to users. Due to this, web services are not specific to one programming language or operating system and do not require the use of browsers or HTML.
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Many organizations use multiple software systems for management.[citation needed] Different software systems often need to exchange data with each other, and a Web service is a method of communication that allows two software systems to exchange this data over the Internet. The software system that requests data is called a service requester, whereas the software system that would process the request and provide the data is called a service provider.

^ Oya, Makoto (2008-09-02). "Autonomous Web Services Based on Dynamic Model Harmonization". In Oya, Makoto; Uda, Ryuya; Yasunobu, Chizuko (eds.). Towards Sustainable Society on Ubiquitous Networks: The 8th IFIP Conference on E-Business, E-Services, and E-Society (I3E 2008), September 24 – 26, 2008, Tokyo, Japan. IFIP Advances in Information and Communication Technology. 286. Springer Science & Business Media (published 2008). p. 139. ISBN 9780387856902. Retrieved 2015-08-19.
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Many organizations use multiple software systems for management.[citation needed] Different software systems often need to exchange data with each other, and a Web service is a method of communication that allows two software systems to exchange this data over the Internet. The software system that requests data is called a service requester, whereas the software system that would process the request and provide the data is called a service provider.
W3C Web Services may use SOAP over HTTP protocol, allowing less costly (more efficient) interactions over the Internet than via proprietary solutions like EDI/B2B. Besides SOAP over HTTP, Web services can also be implemented on other reliable transport mechanisms like FTP. In a 2002 document, the Web Services Architecture Working Group defined a Web services architecture, requiring a standardized implementation of a "Web service."
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SOAP is known as a transport-independent messaging protocol. SOAP is based on transferring XML data as SOAP Messages. Each message has something which is known as an XML document. Only the structure of the XML document follows a specific pattern, but not the content. The best part of Web services and SOAP is that its all sent via HTTP, which is the standard web protocol.
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