“Shared” in the context of a rented server means that multiple customers share the server’s resources. Server virtualization is a technology that enables multiple instances to run simultaneously on the same physical server. To achieve this, administrators use hypervisors, which serve as a separation layer between the hardware and the virtual servers. The hypervisor abstracts the server software from the underlying hardware. It dynamically distributes resources such as processing power, memory, storage space, and network connections to virtual machines (VMs).