Obviously, it's a simplification, as I'm sure you realized by now. Generally though, I think it can serve as a initial starting point to understanding more.
Edit: I removed the "geographical" from the "pointing to a IP which has a specific geographical location" part. Hopefully it'll make things clear enough while not over-simplifying it.
Edit: I removed the "geographical" from the "pointing to a IP which has a specific geographical location" part. Hopefully it'll make things clear enough while not over-simplifying it.