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HTTP is the request-and-response protocol of the web: a client sends a method, a path and headers, a server answers with a status code, headers and a body, and each exchange stands alone unless the two sides agree to carry state in a header.

A REST API exposes an application's data as resources at stable addresses and lets clients read and change them with HTTP's standard methods and status codes, so that the protocol itself carries most of the meaning.

Python is a general-purpose programming language that became the standard interface for driving numerical and machine-learning code written in other languages.

Managed hosting is any plan where the provider runs the server on your behalf, covering updates, hardening, monitoring, backups and tuning, so the thing being sold is administration time with a machine attached rather than the machine itself.

Cloud hosting is the model in which servers, storage and databases are created on demand through an API from a provider's pooled hardware and billed for the time they exist, rather than rented as a fixed box by the month.

A web server is the program listening on a network port for HTTP requests and answering them, either by returning a file from disk or by handing the request to application code behind it.