A logical volume is the storage medium that is associated with a logical disk. It typically resides on one or more hard disk drives.
For the storage unit, the logical volumes are defined at logical configuration time. For count-key-data (CKD) servers, the logical volume size is defined by the device emulation mode and model. For fixed block (FB) hosts, you can define each FB volume (LUN) with a minimum size of a single block (512 bytes) to a maximum size of 232 blocks or 2 TB.
A logical device that has nonremovable media has one and only one associated logical volume. A logical volume is composed of one or more extents. Each extent is associated with a contiguous range of addressable data units on the logical volume.