Can you list the main components and entities used in a Logical Volume Management (LVM) system?

Main components and entities of the Logical Volume Management (LVM) system:

• Physical Volume (PV) — a physical disk or partition used by LVM.
• Volume Group (VG) — a group of physical volumes combined into a single logical space.
• Logical Volume (LV) — a logical partition created within a Volume Group, used as a regular filesystem partition.
• Physical Extent (PE) — the smallest block of space on a physical volume allocated for logical volumes.
• Logical Extent (LE) — a block of space within a logical volume, corresponding to one or more physical extents.

LVM allows flexible management of disk space: expanding, shrinking, and moving logical volumes without data loss.