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Do you mean like a wildcard certificate? http://en.wikipedia.org/wiki/Wildcard_certificate

Wildcard certificates are only valid for the subdomain level directly under it. [1] If I get a wildcard certificate for example.com (the common name is set to *.example.com), foo.bar.example.com will throw an error.

[1] https://en.wikipedia.org/wiki/Wildcard_certificate#Limitatio...

The specification isn't particularly clear, but it seems to me that RFC 2818 section 3.1 [1] could permit some dangerously broad wildcards like ".com", "www..com", or even ".". Combined with subject alternate names, it may be possible to create a certificate that's valid for almost anything.

[1]: http://tools.ietf.org/html/rfc2818#section-3.1

IIRC, top-level and "match all" wildcard certificates were originally permitted by design (e.g., for intranet and proxy applications), but most modern browsers block them for security reasons.

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