I like the distinction provided in this hn comment https://news.ycombinator.com/item?id=5711232#up_5714834
A web server can handle serve many users concurrently, but if they are really served in parallel depends on the number of cores/machines.
The funny thing is, I saw this title and though, maybe I should just write a blog post stating how I think of these words, because I find myself always linking to my HN comments defining them. It's a nice surprise when someone beats me to it.