partition

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partition

The division of real property into separate parcels for joint owners who no longer wish to own the property together.If possible,a court must physically divide the property into shares of equal value and quality.If not possible,the court will order a sale of the property with the proceeds to be split among the owners.Partition actions are encountered most often when an owner of real property dies without a will but with several heirs.If they cannot agree on a disposition of the property, it will be partitioned. In the alternative, investors will often buy an undivided interest from a minority heir for very little money and then petition a court for partition.Usually the investor will be able to buy the property at the partition auction, because none of the other owners can afford to purchase the whole.The strategy is not intended to obtain a bargain price for property,because the court will usually order an appraisal and prohibit any owner from buying at a price less than the appraised value. Rather, the practice is intended to force property onto the market even though some or most of the other owners have no desire to sell.

References in periodicals archive ?
In an IP SAN, client server data is backed up to logical volumes presented by the storage provisioning appliance.
As an added bonus, the system administrator has complete control over configuring the size and number of logical volumes presented to each client server, thus providing the ultimate flexibility in determining how much and how long backup data resides at disk speeds.
To optimize storage access, Exchange log files and databases should be installed on different types of logical volumes. Exchange log files, normally accessed sequentially, can be placed on simple mirrored disks (i.e., RAID-1).
(The question there is in-band or out-of-band virtualization engines.) But SAN-based file serving suffers from a unique circumstance: SAN application servers are limited to a single storage device, represented by a unique LUN, so file virtualization systems must create file-based storage pools by striping multiple LUNs into a single logical volume.
The i1000 and i1500 include iSCSI host support to create a full-function block-storage IP SAN; logical volume management to create a common pool of storage, increasing overall disk utilization rates; advanced storage packet routing and 128-bit SSL security; and iSCSI to SCSI and Fibre Channel bridging, supporting the most common interface standards for storage systems today.
In addition, the product supports logical volumes greater than 16TB.
Directly addressing these pain points, the new version of CentricStor provides the industry's biggest backup capacities - starting with the biggest VTL cache, which now scales up to a massive one petabyte - and Fujitsu Siemens Computers has trebled the number of logical volumes that can be processed in one system, from 500,000 to 1,500,000.