Shared web hosting (also called virtual hosting) is the most common type of hosting service used. As the word implies, shared web hosting means that you are sharing one server (CPU time, memory, OS, applications, bandwidth, etc) with a number of clients of your hosting company. The webhost manages the server to ensure uptime, upgrading hardware and software. The cost of shared hosting often depends on the number of clients being hosted on a server as the hosting company tries to maximize profits per server. You will have no control over the server but full control over your website through a control panel.
When shopping for shared web hosting, you must check the terms of service to see if there are any scripts or types of software that aren't allowed by the host. Since all the resources are shared, it is important to ensure that no one user is hogging the pooled resources. Server software like Apache or IIS allows the administrators to localize any errors or unusual CPU utilization so as to not affect the other users, but there remains a possibility of a problem occuring and all the websites on a given server going down.
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