This refers t data transfer. It has something to do with the amount of traffic that your website is receiving. It is measured by GB or gigabytes which is equal to 1,024 megabytes. You need a large bandwidth if you are expecting heavy traffic from your site or if you host a lot of files for download.
This is also referred to as web space . If you intend to build a big website with lots of files, videos and images, a larger disk space is needed. It is measured in megabytes (MB) or gigabytes (GB).
This is something similar to dedicated hosting except that the server is owned by the customer himself and just pay the web hosting company to host the server in their behalf. This is usually charged by the bandwidth and the power and space that the server used up.
Dedicated and Shared hosting
Shared web hosting simply means that you are sharing servers with other websites while dedicated hosting means that you are given an exclusive server to run your website on. Shared hosting is one of the most common types of hosting and are much cheaper than dedicated hosting. If you need a more secured server for your site, it is recommended that you use a dedicated server.
This refers to the interface where customers connect to make changes to their web hosting settings. It also used to transfer files and change settings and features that are included in your hosting package.