How SSL Encryption works, is there any kind of transformation done in Server its Just a Label of Purity?

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I'm just a little confused about SSL Encryption, even i have some domain SSLs but what actually they are, i'm still thinking. Its just a Symbol of Secure Zone and if yes, do spammers can't buy SSL and add it to their domain, if so than its such a stupid thing to do. Everyone must make their own SSL Secure Label, if you can buy security with money !!
Please, right me if i'm wrong. Thanks
mgks

Ghazi Khan /u/mgks

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