Shared Hosting Basic
In this article we compare the hosting plan to living in a residential apartment. Shared Hosting includes all users on one server. When using the above apartment analogy, shared hosting allows residents in the complex to share or use the resources of the apartment. This does not preclude using the entire apartment facilities.
So in a nutshell, a shared hosting account shares the space of the server with other users. One must bear in mind that a shared hosting plan utilizes all the CPU time, memory and disk space. Therefore, depending on the purpose of your website, selecting a hosting account is extremely important.