3.2. Volume Groups

Physical volumes are combined into volume groups (VGs). This creates a pool of disk space out of which logical volumes can be allocated.
Within a volume group, the disk space available for allocation is divided into units of a fixed-size called extents. An extent is the smallest unit of space that can be allocated. Within a physical volume, extents are referred to as physical extents.
A logical volume is allocated into logical extents of the same size as the physical extents. The extent size is thus the same for all logical volumes in the volume group. The volume group maps the logical extents to physical extents.