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KVM(Kernel-based Virtual Machine)

The Linux virtualization technology that runs full virtual machines with near-native performance.

KVM powers the virtual machines in Proxmox and many cloud providers. It's ideal when you need a different OS or strong isolation, at a higher resource cost than containers.

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Hypervisor

Software that creates and manages virtual machines by allocating physical resources between them.

Virtual Machine(VM)

A software-based computer that runs its own operating system on top of physical hardware via a hypervisor.

LXC(Linux Containers)

Lightweight system containers that behave like a small VM but share the host kernel.