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VS - Virtual Server
By:Bruce Bahlmann
One of multiple Web sites running on the same server, each with a unique domain name and IP address. A Web server that supports VSs is called a multi-hosting Web server. The word 'virtual' implies that several such sets of programs may reside on a single machine, allowing them to serve different web sites independently, by sharing the machine resources.

Other Related Definitions for VS
"This is where a server is split, using software, into two or more segments, which are apportioned to different customers. From the customer standpoint it will 'feel' as if they have the server to themselves, by having limited, but guaranteed sources to use. They can have full administrative rights to the server as they are in a sense 'fenced' in. This is a mid point between shared and dedicated, but isn'ta very popular offering." [internetworld365]

"A Virtual Server is fully functioning Web Server that resides within the same physical location of a true Web Server. Multiple Virtual Servers can reside on a single Web Server. This technology sprang up in the mid 1990's and has allowed business and persons to have the benefits of a Web Server at a very feasible rate." [pugmarks]
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