explanation about expired domain names

Best wishes for everyone.

As far as I understand, most people
do not know the most basic facts about
the expired domain names. Thus,
here is the short explanation.

For most top level domains, when
the domain name is not prolonged,
then it becomes expired, and
passes through several states.

1. The grace period, when the registrant may
prolongate this domain name at the usual price.

Different places (usually registrars, or the teams of registrars)
have different designations for the domain...

explanation about expired domain names WordPress ...