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Hard disk/Partition
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A hard disk/drive is one indispensable part of your computer responsible for long-term storage of information. Unlike volatile memory (often refers to RAM) which lost its storage information once its power supply is shut off, a hard disk stores information permanently, allowing you to save programs, files or any other data. Hard disks also have much more powerful storage capabilities than RAM. 

After a disk has been physically formatted, it can be divided into separate physical sections or partitions. Each partition functions as an individual unit, and can be logically formatted as any desired file system. Once a disk partition has been logically formatted, it is referred to as a volume.  
During the process of formatting operation, you are required to name the partition. And the name is called the "volume label" which would help you easily identify the volume.





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