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This widely-appealing and traditional domain would be well suited to a company in the media or design sectors.
The word "GrabRack" contains eight characters and only two syllables. Two-syllable names are extremely rare and exceptionally valuable. Established brands using two syllable names include Facebook, Disney and Boeing.
Grabrack.com is a dot-com domain. Dot com domains are the most valued top-level-domain in the world, famously used by websites like twitter.com. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.