http://best-route.blogspot.com.tr/2014/03/network-adapter-nic-vic-vnic-vmnic-niv.html

Network Adapter: This is from the old world of physical servers. Network Adapter (aka NIC), is a physical hardware device that sits on the PCI bus of an x86 server, used for transmitting and receiving data traffic from and to the physical server. The server operating system will see this as a single network adapter for that server. The physical port on the network adapter will be cabled to the access layer network switch. Simple and straightforward.


NIV: NIV stands for Network Interface Virtualization. This is just a technology that is used to virtualize the network adapters (on a NIV-capable physical Network Adapter) or interfaces (on a NIV-Capable physical switch). The NIV-capable Network Adapter is also called the Interface virtualizer.


VIC: VIC stands for Virtual Interface Card. Though the name has 'virtual' in it, this is a physical adapter that is capable of creating virtual adapters (both vNIC and vHBA) within itself. That is, within a single physical VIC, we can create multiple logical network adapters of type NIC or HBA.  These logical network adapters are called vNICs, or virtaul Network Interface Cards and vHBAs. In Cisco UCS, M81KR is a VIC (mezzanine card) that is used with UCS B-Series blade servers and P81E is a VIC used with UCS C-Series Rack mount servers. These VICs can create up to 128 virtual adapters within a single physical adapter.


vNIC: Virtual NIC. The vNIC definition differs in Cisco and VMWare.


In Cisco world, this is the logical adapter created within the physical VIC, as described above. vNICs will be visible to server operating systems as PCI devices. In other words, the server OS (or the hypervisor in the virtualized environment)  will see these logical network adapters as individual physical adapters, that is, the operating systems will treat these vNICs as though they are physical adapters.

In VMWare world, vNIC is the logical adapter belonging to Virtual Machine Guest Operating System and is internally connected to a vSwitch (such as VEM of Nexus 1000v). The physical adapter attached to the ESXi host is the vmnic.


vmnic: vmnic is virtual-machine network interface card, also a physical adapter on VMWare ESXi host. On an ESXi host, vmnic is the physical adapter that is physically connected to the access-layer switch. vnmic is also internally connected to the vSwitch (such as Nexus 1000v) and serves as the up-link port for the VEM (Virtual Ethernet Module) of Nexus 1000v.


veth: This is a logical ethernet interface created on an NIV-capable switch, such as Nexus 1000v, Nexus 5000, Nexus 7000 or UCS Fabric Interconnect. For example, a veth is created (either automatically or manually) on VEM of Nexus 1000v, whenever a virtual machine is created by the VMWare administrator and a port-group is associated with the VM's vNIC. The VM's vNIC and its corresponding veth interface are logically connected by a virtual network link (VN_Link). This VN_Link uses VN_Tag. 


HBA: Host Bus Adapter. This is the traditional physical adapter on a physical server that is used to physically connect the server to a Fibre Channel Network. 


vHBA: Virtual HBA. This is a logical HBA created on a physical VIC, such as Cisco UCS M81KR. Just like how multiple logical network adapters (vNICs) can be created on a physical VIC, multiple logical HBAs (vHBA) can also be created on a VIC such as M81KR or P81E. The Server OS (or the hypervisor in virtualized environment), will see these logial HBAs as individual physical PCI devices.


vFC: Virtual Fibre Channel interface. This is a logical fibre channel interface created on a NIV capable switch (such as Nexus 5500 or UCS Fabric Interconnect), just like veth interface for data. The logical HBA (vHBA) on the server (N_Port in Fibre Channel terminology) is logically connected to the vFC (F_Port in native Fibre Channel terminology) the Switch just like how a vNIC is connected to veth. VN_Tag is used to identify this logical connection over the physical cable. This will be the case when you use FCOE (Fibre Channel Over Ethernet) technology.


I hope I have given some clarity to these acronyms. Please leave a comment and feel free to correct me if any information is incorrect.

Thanks for reading.