If your new or old to the game, here are some terms that you are most certainly going to come across when you are doing your research and getting ready to buy web hosting. Hope this helps you out.
Free Hosting
Free hosting is the simplest kind of service. It is just that. Free. But be careful. This type of web hosting services may place ads on web pages and can cumbersome and annoying for visitors.
Dedicated Server
Dedicated servers offer unbeatable levels of performance and customization because you are not sharing the server with anyone else. Dedicated servers are also often used when significant customization or extra security is needed. It is a good option for someone who wants more storage and bandwidth, and also wants certain characteristics that are not available with shared web hosting.
Reseller Web Hosting
Reseller hosting allows customers to become web hosts themselves. Resellers can function, for individual domains, under any combination of these listed types of hosting, depending on who they are affiliated with as a provider. Resellers' accounts may vary tremendously in size and they may have their own virtual dedicated server to a co-located server.
Registration
This is the process of signing up for your hosting and should be very simple process usually. Registration should always be completely free and takes only a few seconds.
Ecommerce
These ecommerce ready websites will allow you to start selling in minutes. A basic ecommerce web hosting service will includes secure shopping cart with some kind of payment option, like Pay pal or Google checkout.
Shared Web Hosting
Shared service is where a web site is placed on the same server as many other sites, ranging from a few to hundreds or thousands. Shared hosting plans offer unlimited traffic, numerous email accounts, marketing tools plus disk space allotments from 100 GB to 300 GB. It is the most widely used web hosting service.
Uptime
Hosting uptime refers to the percentage of time the host is accessible via the internet. What is the average Uptime percentage of web servers? That is a question you are going to make sure they answer somewhere on there sign up page. Your website is visible to the world more of the time with a top notch uptime. Really, you should not have to settle for less than 99%.

Bandwidth is the amount of internet exchage packages to access your site.
Alright, that is a quick over view of some terms you may run into when you are ready to buy web hosting and doing your research. Remember, there are many, many of these companies, but with a little research it really will not be hard to figure out which one's are the best
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