Virtual Server:

A virtual server is like a dedicated internet server, but instead of being an individual computer hooked to the internet to serve files, it is a portion of a computer which is configured to act just like a server. It is virtually indistinguishable, and the only drawback to using a virtual server is that you have to share bandwidth and processor power with other web sites, but in most cases there is little to no difference. The big advantage to a virtual server is cost and support. It is much less expensive, and somebody else is maintaining the hardware.

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