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MrSpeed - 3:00 pm on Apr 5, 2005 (gmt 0)
I have seen shared or virtual plans that offer you a dedicated IP. I think it usually costs $5 more per month. The next step up is called a reseller plan. This allow you to add as many domains as you want under your account. A server can have multiple resellers on it and they share resources like disk space and CPU. There are also plans called virtual dedicated servers which isolate reseller plans from each other so if one of the other sites on the server hogs resources it won't bring your sites down. Then of course there are dedicated servers in both managed and unmanaged flavors.
I think shared hosting and virtual hosting are sometimes used interchangeably.