A dedicated server is a single web server dedicated to one client only. It can be leased or rented, managed or self-managed.
Dedicated servers offer many more advantages to a customer than shared hosting, including greater exclusive resources and flexibility, more features and control. Of course, it also involves more responsibility, especially when self-managed, and will typically cost more than shared hosting, but less than a VPS.
Compare dedicated and other web hosting plans here.
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