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A virtual private server runs its own copy of an operating system (OS), and customers may have superuser-level access to that operating system instance, so they can install almost any software that runs on that OS. For many purposes, it is functionally equivalent to a dedicated physical server and, being software-defined, can be created and configured more easily. A virtual server costs less than an equivalent physical server. However, as virtual servers share the underlying physical hardware with other VPSes, performance may be lower depending on the workload of any other executing virtual machines.
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A virtual private server (VPS) runs its own operating system, giving users superuser access to install almost any software. It works like a dedicated server but is cheaper and easier to set up since it shares hardware with other VPSes, though performance can vary. If you're wondering what is VPS, it’s a cost-effective way to get dedicated server-like features. For reliable VPS hosting, check out HostNoc.