When do you need a complex termination?
So the characteristic impedance is a complex number. But why is never a complex termination used?
When \$j\omega\$ is significant, the formula reduces to this: -
$$Z_0 = \sqrt{\dfrac{j\omega L}{j\omega C}} = \sqrt{\dfrac{L}{C}} = \text{resistance}$$
This applies pretty much to frequencies of 1 MHz and greater i.e. the vast majority of RF applications.
At audio frequencies, the equation becomes more complex and is usually approximated to this: -
$$Z_0 = \sqrt{\dfrac{R}{j\omega C}}$$
So, for telephony applications, a complex termination method is used (in order to reduce telephone side-tone) like this: -
New Zealand and the UK use the above complex impedance for terminating a telephone cable in order to optimize the anti-side-tone circuit. Other countries use similar but not identical values.
Generally, a cable will exhibit this type of impedance response: -
At DC (well, 30 Hz) the impedance is determined by the ratio \$\sqrt{\frac{R}{G}}\$ and if R = 1 Ω then, according to the above (taken from wiki), \$\frac{1}{G}\$ has to be 1.6 GΩ and this wouldn't surprise anyone I would think! But, it all gets a little messy at mid-band audio and up to about 100 kHz for most cables.
When designing an transmission line, we typically want to make \$R\$ and \$G\$ as small as possible such that they are negligible.
If \$\omega L\$ and \$\omega C\$ are much larger than \$R\$ and \$G\$, then things simplify:
$$Z_0 \approx \sqrt{\frac{j\omega L}{j\omega C}} = \sqrt{\frac{L}{C}}$$
The characteristic impedance becomes entirely real as a result, meaning the termination can then be acheived with a simple resistor.
Bear in mind this is just an approximation. It is not possible to completely zero \$R\$ and \$G\$, making all real transmissions lines have a small imaginary component. However this imaginary component is usually small enough that practical circuits will still function without a perfect match.
For very high frequencies or very low frequencies, we tend to include matching components such as transmission line stubs or series and parallel reactive components to transform the imaginary component to a real component over a limited frequency range of interest.